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Aktuelle Wirtschaftsnachrichten

Iron ore at a 5-week low due to concerns about China

December, 27 2024

Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne. The reason was weak data on industrial profits in China, which highlighted the vulnerability of the country's economy.Futures in Singapore dropped to $99 per tonne, showing a second consecutive weekly decline. In November, Chinese companies' industrial profits fell for the fourth month in a row, which is likely to lead to the sharpest annual decline since statistics began in 2000. However, the prof... Read More

Aktuelle Wirtschaftsnachrichten

Iron ore at a 5-week low due to concerns about China

Alle Nachrichten

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