Iron ore prices continued their downtrend on Wednesday March 31, with trading sentiment still depressed amid low liquidity at ports, sources said.
Market chatter about potential plans to cut steel industry emissions and downgrade more mills in Tangshan also drew market attention, sources told Fastmarkets.The most-traded iron ore futures contract on the Dalian Commodity Exchange (DCE) switched from May to September, which fell sharply in the afternoon before ending the day down by 3.7% from Tuesday's...