Don't expect a recovery under Biteme

Started by Solar, August 06, 2021, 12:11:34 PM

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Solar

Without industry, the future is bleak, at least for the foreseeable future.


Iron Ore Futures Tumble For Third Week Amid Demand Fears

Iron-ore futures in Asia tumbled for the third consecutive week as demand fears (not helped by a resurgent Delta variant and more widespread lockdowns across the nation) and rising regulator controls in China become headwinds, according to Bloomberg.

After a year-long vertical rampage, iron-ore futures in Singapore peaked in May and failed to make a new high in July. Since then, prices have tumbled in the last three weeks, down nearly 20%.

Iron ore futures waterfall for the last three weeks.





https://www.zerohedge.com/commodities/iron-ore-futures-tumble-third-week-amid-demand-fear
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