Iron ore prices fell to a two-month low, extending this week's decline, as increased supply and seasonally weak steel demand weighed on market sentiment.

老虎证券2026/06/04 03:17

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During the Asian morning trading session, iron ore futures prices on the Singapore Exchange once fell 1.3% to $102.35 per ton, hitting an intraday low not seen since April 9, and heading towards the lowest closing price since March.

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Iron ore prices fell to a two-month low, extending this week's decline, as increased supply and seasonally weak steel demand weighed on market sentiment.

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