Iron Ore Falls as Investors Turn Cautious Before China Holiday

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By Katharine Gemmell

September 29, 2025 at 1:55 AM UTC

Iron ore declined due to a cautious tone ahead of a major holiday in China that’ll see mainland markets closed for a week from Wednesday.

Futures fell to $103 a ton in Singapore, the lowest since early September, after dropping 2.8% last week. Demand for the steel-making staple may ease during Golden Week break.