Iron Ore Prices Fall in Early Asian Trade on Weak Demand
Iron ore prices are lower amid weak demand. Nanhua Futures says China's molten iron production has fallen to relatively low levels, with limited room for near-term recovery due to steel production controls in northern China.
Iron ore prices are lower in early Asian trade amid weak demand. China's molten iron production has dropped to relatively low levels and have limited room for near-term recovery due to a steel production control in northern China, Nanhua Futures says in a research note. Meanwhile, iron ore supply a…