Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne. The reason was weak data on industrial profits in China, which highlighted the vulnerability of the country's economy.Futures in Singapore dropped to $99 per tonne, showing a second consecutive weekly decline. In November, Chinese companies' industrial profits fell for the fourth month in a row, which is likely to lead to the sharpest annual decline since statistics began in 2000. However, the prof... Read More
