Iron ore, coal edge down as China industry doubts return

11.08.2022

Benchmark iron ore futures fell on Wednesday, with Dalian prices retreating from an eight-day peak, as uncertainty over demand prospects in top steel producer China kept traders cautious.

The most-traded iron ore, for delivery in January next year, on China’s Dalian Commodity Exchange ended daytime trade 1.7% lower as 724.50 yuan...