Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut

  • Roy Hill says vessel nearby set to load project's first cargo
  • Port inventories in top user climb to highest level since May

The Economic Loss From the Global Commodities Slump

Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic slowdown in China will cut demand as supplies from the largest miners climb.

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