Sustained weak demand keeps iron ore prices on downtrend

Seaborne iron ore prices continued to decline on Monday January 17 amid sustained weak demand, sources told Fastmarkets.

Key drivers
The seaborne iron ore market was largely quiet despite some offers on trading platforms, with bids were limited, a Singapore-based trader told Fastmarkets.

Restocking of inventories by steel...

Published

Alex Theo

January 17, 2022

12:46 GMT

Singapore