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News 2026-10-20 06:48 UTC

Iron Ore Slips on Signs of Robust Supply

Iron ore futures fell below CNY 680 per ton, sliding back toward four-year lows as rising global shipments and higher arrivals at Chinese ports pointed to ample supply. Industry data showed that global iron ore shipments increased by 3.89 million tons week-on-week to 34.77 million tons in the week ending October 18. Sh