Iron Ore Slips to Lowest in Month as Traders Watch China Policy

Iron Ore Prices Hit Monthly Low

Iron ore fell to the lowest in a month, extending declines ahead of a key meeting of Chinese officials this week.

Focus on Chinese Policy Signals

The meeting is expected to provide crucial details on policy priorities for the coming year, which heavily influence demand forecasts for the key steelmaking ingredient.

• Key Factor: Market sentiment is being driven by anticipation of signals from China’s annual Central Economic Work Conference.

Image: Nik / Unsplash
Source: Bloomberg