Iron ore, coal slump to one-week low on China demand worries


Dalian and Singapore iron ore futures slumped to one-week lows on Thursday, pressured by worries about an unsustainable demand recovery in top steel producer China and prospects of increased supply.

On China’s Dalian Commodity Exchange, the steelmaking ingredient’s most-traded January contractended daytime trade 5.2% lower at 688.50 yuan ($101.96) a tonne,...