Tue, Jul 21 10:35 AM

Iron Ore Drops as China Steel Losses Deepen, Hormuz Risks Rise

Bloomberg Markets•Tue, Jul 21, 2026, 03:40 AM•2 min read

Iron ore fell for a second day as deteriorating profit margins at Chinese steel mills and continued US-Iran hostilities clouded the demand outlook.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-21/iron-ore-drops-as-china-steel-losses-deepen-hormuz-risks-rise)

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