Iron Ore Futures Stumble In Worst Week Ever Amid Evergrande Meltdown
September 17, 2021 at 12:41 PM EDT
Iron ore prices have plunged under $100 per ton (its worst week ever) as anxiety over China's Lehman moment: the collapse of Evergrande, a Chinese real estate company with $300 billion of debt, is weighing on some base metal prices.