On Thursday, Singapore iron ore futures continued their decline, falling for the fourth day in a row. The biggest intraday decline reached 1.6% to $90.70 per tonne. The main contract recorded its biggest intraday decline in three weeks, but at 1:19 p.m. local time, the trading price recovered to $90.90. The biggest intraday decline in iron ore futures on the Dalian Commodity Exchange was 2%. In Shanghai, the biggest drop in rebar futures for the construction industry reached 0.7%.

On Thursday, Singapore iron ore futures continued their decline, falling for the fourth day in a row. The biggest intraday decline reached 1.6% to $90.70 per tonne. The main contract recorded its biggest intraday decline in three weeks, but at 1:19 p.m. local time, the trading price recovered to $90.90. The biggest intraday decline in iron ore futures on the Dalian Commodity Exchange was 2%. In Shanghai, the biggest drop in rebar futures for the construction industry reached 0.7%.