The main challenge for iron ore is that we continue to expect China’s construction demand to decline as the Chinese property sector is still overbuilt. So, a very differentiated outlook here across the industrial metals with a preference for aluminium and copper.
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel
June 24, 2026