Iron ore, steel depreciate as coal logs gains

08.02.2023

Dalian and Singapore iron ore futures fell to three-week lows on Tuesday, as rising portside inventory in China weighed on prices already pressured by weak demand prospects.

The most-traded iron ore, for May delivery, on China’s Dalian Commodity Exchange ended daytime trade 0.7% lower at 840.50 yuan ($123.86) a tonne. It...