Ferrous, coal benchmarks depreciate as inventories pile up


Iron ore futures slid on Monday as weak demand and high inventories in top consumer China weighed on the key steelmaking ingredient.

The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended day-time trade 3.3% lower at 825.50 yuan ($113.56) a metric ton.

The benchmark August iron ore on...