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Iron Ore Drops Below $100 as China’s Steel Mills Cut Output

Iron ore prices have dipped below $100 per tonne for the first time since mid-January, as Chinese steel mills curtail production ahead of significant government policy meetings in Beijing. This development reflects ongoing concerns about overcapacity in the steel industry and potential policy shifts affecting production. The reduction in steel output is anticipated to influence global iron ore demand and pricing dynamics in the coming months. #IronOre #SteelIndustry #ChinaEconomy #CommodityPrices #MarketUpdate #GlobalTrade #Manufacturing #EconomicPolicy #SupplyChain #RawMaterials #MetalsMarket #IndustrialProduction #MiningNews #EconomicTrends World News with in-depth analysis – trusted & transparent! Kalkine Media is on a mission to empower its viewers with quality news coverage from across the globe. Tune into Kalkine Media’s LIVE market news coverage, exclusive corporate interviews, expert talks, and trending stories of the day. Check out Kalkine Media on mobile and download our app for iPhone and Android. Stay Apprised, Invest Wise! For Android- bit.ly/3Gqlrpk For Apple- bit.ly/3WVTMBY Check out our media Website 👉 https://kalkinemedia.com/au Follow us and stay updated on the Go with the Market Charter 👇👇 Facebook -   / kalkineau   Twitter -   / kalkineau   LinkedIn -   / 4829818