Macro Finance
Iron Ore Extends Weekly Drop as Excess Supply, Weak Demand Weigh
Bloomberg Markets·October 9, 2026·1 min read
Iron ore prices headed for a third straight weekly loss as ample supplies and subdued demand weighed on the market, even after Chinese trading resumed Thursday following a week-long holiday. The extended decline reflects persistent oversupply and weak demand outlook, pressuring prices despite the resumption of activity in the top consumer.
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