Signal · Supplier & Corporate Risk
Iron-ore slips to two-year low on concerns over weak demand, hiking supply
What the source reported
Source-reportedIron-ore prices slipped for a third straight session on Thursday to their lowest level in more than two years, weighed down by persistent concerns over weak demand in top consumer China and prospects of growing supply of the key steelmaking ingredient. The most-traded iron-ore contract on China's Dalian Commodity Exchange (DCE) fell by 0.82% to 669 yuan ($99.95) a ton, as of 01:47 GMT, its lowest since September 24, 2024.
- Publication
- Mining Weekly - Latest News RSS · Trade Publication
- Published
- 15th October 2026
- Original report
- miningweekly.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- South Africa
- Organisations
- None identified
- Collected
- 15th October 2026 · 08:42
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (26.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (37.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Likely Event Severity