Trade tension and weak demand put global iron ore market under pressure
While some support may emerge later in the year, key market risks remain tilted to the downside
18 June 2025 - 13:25
Global iron ore prices have dipped below the critical $100 per tonne mark for the first time in months, as a combination of new trade tariffs, weak Chinese demand and mounting global economic uncertainty weigh on the market.
This is according to the latest Iron Ore Commodity Briefing Service (CBS) report, titled “Prices dip on tariff hikes, demand concerns,” released by S&P Global...
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