Iron ore prices were once close to a 13-month low, pushing the market to a level that could threaten some high-cost production capacity. Singapore iron ore futures once fell to 92.85 US dollars per ton, the lowest level since late June 2025, then rebounded, and are currently basically flat.

Iron ore prices were once close to a 13-month low, pushing the market to a level that could threaten some high-cost production capacity. Singapore iron ore futures once fell to 92.85 US dollars per ton, the lowest level since late June 2025, then rebounded, and are currently basically flat.