Commodities
Iron Ore Futures Decline From Monthly High On China Uncertainty
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Iron ore fell as the latest economic data in China underscored an uneven start to the year for the world’s second-biggest economy, with new home prices falling again.
Futures of the steel-making ingredient were near $101 a ton, declining from the highest close this month on Friday. China’s economic challenges continue to weigh on the iron ore and steel market, despite some signs of short-term demand optimism.