Iron ore futures fall as mill margins pressured, inventories build
Iron ore futures fell on Wednesday, with rising coking coal costs squeezing steel mill margins. The most-traded January DCE contract traded 1.45% lower at 711.5.
By Emily Ou YongIron ore futures fell on Wednesday, as rising coking coal costs continued to squeeze steel mill margins and growing port inventories underscored ample supply.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) COMEX:TIO1! traded 1.45% lower at 711.5…