Iron Ore Dips as China Activity, Home Prices Cloud Future Demand

Iron ore retreated as China’s economic activity slowed more than expected in August and lower home prices in the country clouded the demand outlook.

Official figures showed China’s industrial output and consumption had their worst month yet this year after a sharp slowdown in July. Production at Chinese factories and mines expanded 5.2% last month from a year earlier, the smallest gain since August 2024.