Germany’s import prices of iron ore drop in Jun

Germany’s import prices of iron ore dropped by 25.4% year on year in June, according to data released by the German Federal Statistical Office (Destatis).
The country’s import prices of iron ore also declined by 1.7% compared to the previous month.
Meanwhile, the country’s steel and ferro-alloy import prices increased by 4.3% in the month year on year. The average import prices of nickel increased by 11.2% compared to the same month a year ago.