The Plunge of Iron Ore Prices: China's Property Crisis Deepens

In a significant downturn for the commodities market, the price of iron ore has dipped below the critical threshold of $100 per ton, marking a decline that underscores the ever-worsening woes of China's property sector. This decline is primarily fueled by a series of negative developments within key sectors of the Chinese economy, which are causing apprehension among investors and traders alike.

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