According to the market news, the iron ore prices showed a 5% decline on September 15.

The main reason for the decline was pressured by the latest official statistic by the Chinese government, which showed the crude steel output to decrease with three consecutive months, and the daily crude steel output touched a 17-month new low.

Based on the worry to future demand, the iron ore price showed weak recently, and the declining scale showed 2-5% on average.