Ferrous, coal benchmarks depreciate with demand outlook in limbo

17.05.2024

Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China and U.S. tariff hikes on some Chinese products.

The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.55% lower at...