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Iron ore set for worst week in 18 mths; Goldman sees ‘no hard floor’

 after falling to their weakest in more than five years as a supply glut continued to hammer prices. Iron ore futures in China and Singapore extended losses on Friday, dropping to record lows, as investors bet on a further decline ...

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Dalian iron ore futures sink to record level, spot hits lowest since 2009

Iron ore futures in China tumbled nearly 4 percent to a record low on Tuesday as benchmark spot prices stretched this year’s rout to hit their weakest level since 2009 as a supply glut continued to pressure the commodity. Iron ...

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Iron ore trapped near 5-year lows, but decline stalls

Iron ore was stuck near its lowest level since 2009, but was on course to end the week flat as the price slide in the commodity eased amid hopes that signs of improvement in China’s property sales may revive demand ...

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Dalian iron ore extends gains to 3-week high, but glut weighs

Chinese iron ore futures rose to their highest in more than three weeks on Tuesday, adding to sharp gains from the previous session after being hammered for most of this year, but lingering worries over a supply glut kept a ...

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Shanghai rebar slides to record low, more pressure on iron ore

Shanghai steel futures fell more than 2 percent to a record low on Friday and were headed for their sixth straight weekly fall amid sluggish demand in top consumer China, putting more pressure on prices of raw material iron ore. ...

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Iron ore prices hit lowest since 2009 as oversupply woes linger

Iron ore prices fell on Thursday to their lowest since September 2009, extending a losing streak into a third day, amid abundant supply and slower growth in Chinese demand that have seen the steelmaking commodity lose nearly 40 percent in ...

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Iron ore extends rout to hit fresh 2009 low; Goldman sees end of Iron Age

Spot iron ore prices fell to hit a fresh 5-year low on Wednesday as the market’s deep supply glut continued to dent buying appetite, prompting Goldman Sachs to warn the commodity has entered a new phase.   “In our view, ...

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Iron ore at two-year low as China traders desert market

Iron ore prices have fallen to their lowest point in two years as cash-strapped Chinese traders desert the market amid flagging property sales and a growing supply glut. Traders continue to await fresh measures from the central government either to ...

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Iron ore hits 2-month low, headed for second weekly fall

Iron ore dropped below $92 a tonne to its lowest since June and is poised to stretch its losses to a second straight week, under pressure from plentiful supply and tougher credit conditions.   Some iron ore trading firms are having difficulty ...

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Iron ore hits 2-month low, headed for second weekly fall

Iron ore dropped below $92 a tonne to its lowest since June and is poised to stretch its losses to a second straight week, under pressure from plentiful supply and tougher credit conditions.   Some iron ore trading firms are having difficulty ...

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