Iron Ore Hits More Than Two-Year Low on China Demand Concerns
Iron ore prices fell to their lowest in more than two years. The most-traded Dalian contract dropped 1.19% to 662 yuan per metric ton, the report said.
Iron ore prices slid on Tuesday to their lowest in more than two years, weighed down by mounting concerns over demand prospects in top consumer China.The most-traded iron ore contract on China's Dalian Commodity Exchange COMEX:TIO1! fell 1.19% to 662 yuan ($99.25) a metric ton, as of 0214 GMT, afte…