Iron ore slips as demand outlook softens and yuan strengthens
Iron ore futures on China’s Dalian Commodity Exchange fell on Tuesday, ending a four-day winning streak, pressured by a weaker near-term demand outlook and a stronger yuan on the yuan-denominated contract.
Iron ore futures fell on Tuesday, ending a four-day run of gains, as a weaker near-term demand outlook pressured the market and a firmer yuan added to the yuan-denominated contract. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE…