Press "Enter" to skip to content

China said to probe iron ore surge and target price manipulation, futures sank


China's iron ore prices tumbled on Friday on news that Chinese regulators will investigate the recent surge in iron ore prices and target price manipulation.

It’s reported the surging prices of iron prices have prompted Chinese major steel makers to create a working team to probe factors causing a record surge in imported iron ore prices.

The most actively traded iron ore contract for September delivery on the Dalian Commodity Exchange lost nearly 6 per cent, extending overnight . . .

To continue reading, please subscribe. You will get


  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • THE WIRE  - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
  • DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare. 


FREE TRIAL cancel anytime

Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!


We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In