MarketsNotableConfirmed
5.8
Iron Ore Slips to $95.3/T as Supply Rises, Coke Costs Squeeze Steelmakers
InfoMoney·SG · BR·about 5 hours ago
China Iron and Steel Association has called on domestic steel mills to enforce strict production restrictions to lower supply and inventory levels. This marks a coordinated industry push to curb oversupply, likely ahead of winter output curbs. The move could tighten global steel supply and support prices, though compliance and actual output cuts remain uncertain.