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Macro Finance

Iron Ore Declines to Two-Year Low as Demand Outlook Weakens

Bloomberg Markets·October 27, 2026·1 min read

Iron ore fell to its lowest level in more than two years on Monday as a weaker demand outlook and rising supply through year-end weighed on prices. The decline reflects concerns about slowing global steel production and increased shipments from major exporters, pressuring the commodity amid a fragile economic recovery.

Read at Bloomberg Markets
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