Iron ore fell below $90 a ton for the first time since November 2022, with the steelmaking material remaining under pressure as demand slumps in biggest buyer China.
Steel consumption in China has weakened because of the country’s protracted real estate slowdown.Â
poop-machine on
That means we can smelt more plates, then gears, and then red science.
Redtex on
Sounds like some corporate shenanigans going on
rnilbog on
I’ll give you two sheep and a wood for it.Â
Fumesofpoon on
Freaking noted supply drops from PVM really crushing the market smh
nonsensical-response on
Why these articles gotta present dates from a couple years ago and act like it’s fifty damn years?
GlitteringHighway on
Good time to be a blacksmith?
Mountain-Detail-8213 on
Does Joe Biden get credit for that? I remember three years ago he got blamed for everything. Now oil is way down after selling a bunch of reserves. Prices are way down not hearing anything about what Joe Biden has done.
Bullet1289 on
ah excellent time to buy low and sell high.
GrammarNaziBadge0174 on
Iron ore? Sinking? Let us not forget the Edmund Fitzgerald when these sacred words are spoken.
avidovid on
Key inputs on many commodities down… deflatiom recession? That would be bad.
Not__FBI_ on
looks like its rock and stone time
Bladestorm04 on
Below $90? So 2.5 times the value of the drop in the mid teens when it hit $36 or thereabouts.
AdAdministrative8104 on
I would like to have one ton of iron ore delivered to my apartment please
mccannr1 on
Me, a savvy investor who knows to buy low:
“I’d like 2 iron ores please”
rawrimasausage on
It only requires 15 mining
he_she_WUMBO on
About 750gp on the grand exchange last I checked
Aquila2085 on
Time to open up my blacksmithing business! Who needs some plate mail?
Mean_Platypus_9988 on
At this rate ,It’ll cost less than a ton of feathers soon enough.
HxLin on
Affordable iron greatsword soon?
ProfessionalInjury58 on
Red:Wave2: Buying two coal ore, 500gp.
burnt_mudkip on
Damn bots are back
ColoDIVY on
Oh, are you saying there’s blood in the streets?
23 Comments
From Bloomberg reporter Jason Scott:
Iron ore fell below $90 a ton for the first time since November 2022, with the steelmaking material remaining under pressure as demand slumps in biggest buyer China.
Steel consumption in China has weakened because of the country’s protracted real estate slowdown.Â
That means we can smelt more plates, then gears, and then red science.
Sounds like some corporate shenanigans going on
I’ll give you two sheep and a wood for it.Â
Freaking noted supply drops from PVM really crushing the market smh
Why these articles gotta present dates from a couple years ago and act like it’s fifty damn years?
Good time to be a blacksmith?
Does Joe Biden get credit for that? I remember three years ago he got blamed for everything. Now oil is way down after selling a bunch of reserves. Prices are way down not hearing anything about what Joe Biden has done.
ah excellent time to buy low and sell high.
Iron ore? Sinking? Let us not forget the Edmund Fitzgerald when these sacred words are spoken.
Key inputs on many commodities down… deflatiom recession? That would be bad.
looks like its rock and stone time
Below $90? So 2.5 times the value of the drop in the mid teens when it hit $36 or thereabouts.
I would like to have one ton of iron ore delivered to my apartment please
Me, a savvy investor who knows to buy low:
“I’d like 2 iron ores please”
It only requires 15 mining
About 750gp on the grand exchange last I checked
Time to open up my blacksmithing business! Who needs some plate mail?
At this rate ,It’ll cost less than a ton of feathers soon enough.
Affordable iron greatsword soon?
Red:Wave2: Buying two coal ore, 500gp.
Damn bots are back
Oh, are you saying there’s blood in the streets?
Sounds like a good time to buy.