The main contract for Dalian iron ore fell more than 3 percent, hitting its lowest level since May 5, as weak demand weighed.
At present, the negative feedback of the industrial chain is still continuing. Although the gross profit of Tangshan billet sample steel mill has recovered this week, it is still in the red. Today afternoon, steel union data showed that the total output of steel continued to fall by 182,700 tons to 9,226,600 tons, which has been down for 4 weeks and hit a low of more than two and a half months.
