Iron Ore Futures Plunge 28% in 2024 Amid Weak Chinese Construction

Iron ore futures in Singapore fell 28% in 2024 as weak construction activity in China impacts the steel industry. Discover the latest market trends.

An artistic representation of declining iron ore futures, showing a downward graph against a backdro
Iron Ore Futures Plunge 28% in 2024 Amid Weak Chinese Construction

Iron ore futures in Singapore dropped about 28% in 2024 due to weak construction activity in China impacting the steel industry.

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