According to the latest price news, the iron ore price showed a further decline on September 8th.

By the news, the iron ore price on September 8th showed US$130.26/ton, decreased by nearly 1.5% from the previous trading day, which was also a new low of the recent 11 months.

Moreover, compared to the price in July, the current iron ore price showed a 40% decline, mainly suffered by the steel restriction policy in China.