Iron Ore Seen Poised for Bear Market by Smirk on Rising Supply

Iron Ore Seen Poised for Bear Market by Smirk on Rising Supply

Carla Gottgens/Bloomberg

A cargo ship, heading for Tianjin, China, is loaded with iron ore at the ship loading facility at Port Hedland in the Pilbara region of Western Australia. Iron ore has surged from a three-year low in September as China’s growth rebounded in the final quarter and imports rose to a record.