Iron Ore Heads for Monthly Loss as Coal Spike Pressures Margins

Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and...

By Katharine Gemmell · Bloomberg Markets

Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments.