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Iron ore headed for biggest weekly fall since October

Update time : 2023-03-24 17:10:18

Iron ore is headed for its biggest weekly fall since October as lacklustre steel demand from China depressed prices.

The steel-making commodity was trading around $US119.25 ($178.20) a tonne on Friday on the Singapore Exchange, up 0.9 per cent, paring its weekly loss to 8.8 per cent.

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