Iron ore slump shows Chinese economy still struggling (COMMODITY:SCO:COM)

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By Eva Mante

China’s economic recovery has stalled

Iron ore has been in decline for almost two months. Its price on the Singapore Exchange fell to a record low of $94.20/t last week, down more than 20% year-to-date.

Iron ore slides below 0/t

SGX, ING Research

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China's Monthly Crude Steel Output (Million Tons)

WSA, ING Research

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China's monthly iron ore imports (million tonnes)

NBS, ING Research

China Iron Ore Total Ports Stock (10000 Metric Tons)

Steelholm, ING Research

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