China trouble weighs on iron ore, steel, coal futures

01.12.2022

Dalian iron ore futures inched lower on Wednesday, as data showing a contraction in factory activity in top steel producer China weighed on sentiment.

The most-traded January iron ore on China’s Dalian Commodity Exchange ended day-time trade 0.3% lower at 769.0 yuan ($107.65) a tonne.

On the Singapore Exchange, the benchmark December...