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Trade tension and weak demand put global iron ore market under pressure

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Update time : 2025-06-19 16:04:49

Global iron ore prices have dipped below the critical $100 per tonne mark for the first time in months, as a combination of new trade tariffs, weak Chinese demand and mounting global economic uncertainty weigh on the market.

This is according to the latest Iron Ore Commodity Briefing Service (CBS) report, titled “Prices dip on tariff hikes, demand concerns,” released by S&P Global...

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