>Iron ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth.
Temu and Volkswagen have reported declining demand in China.
Oil has also fallen under $70.
VIRGO_SUPERCLUSTERZ on
Looks like Gyna’s economy is dying and they can’t cover it up anymore.
CoughRock on
sound great for deflation.
Revolutionary-Tie911 on
I thought this was the start of the great commodity supercycle
Own-Event1622 on
Lower input costs for US steel.
Thetagamer on
This looks good for copper puts guy
Nictel on
If only copper guy chose iron.
harbltron07 on
CLF bagholder cope incoming, will reach singles.
Prize_Status_3585 on
MinRes looking very sexy right now.
Capable_Wait09 on
Shit I thought this was about runescape so I was about to load up
10 Comments
>Iron ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth.
Temu and Volkswagen have reported declining demand in China.
Oil has also fallen under $70.
Looks like Gyna’s economy is dying and they can’t cover it up anymore.
sound great for deflation.
I thought this was the start of the great commodity supercycle
Lower input costs for US steel.
This looks good for copper puts guy
If only copper guy chose iron.
CLF bagholder cope incoming, will reach singles.
MinRes looking very sexy right now.
Shit I thought this was about runescape so I was about to load up