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Iron Ore Drops Amid Ample Supply -- Market Talk

Iron Ore Drops Amid Ample Supply -- Market Talk

Dow JonesDow Jones2026/10/13 02:12

0212 GMT - Iron ore prices are lower amid ample supply. Iron ore shipments and arrivals at Chinese ports remain at high levels, with significant volume increases from non-mainstream mines, Tongguan Jinyuan Futures says in a research note. With mining capacity continuing to ramp up, expectations for inventory accumulation are strong, it adds. The iron ore market will likely continue to see strong supply and weak demand in the next month, it adds. The most actively traded January iron ore contract on the Dalian Commodity Exchange drops 1.2% to 676.0 yuan a ton. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

October 12, 2026 22:12 ET (02:12 GMT)

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