S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketIron ore futures fell toward CNY 780 per ton on Wednesday, hovering near a six-week low as signs of softening demand emerged ahead of the Lunar New Year slowdown, despite expectations for higher hot metal output. Chinese steel mills remain active, with production of finished products such as rebar and hot-rolled coil accelerating last week. However, mill restocking has paused as construction sites suspend work for the holiday period. Port activity in China also weakened, with industry data showing lower transaction volumes, indicating reduced reliance on spot cargoes. At the same time, shipments from Australia and Brazil accelerated in late January, adding to near-term supply pressure. Elsewhere, China is reportedly assisting Algeria in reopening the Gara Djebilet mine, North Africa’s largest iron ore deposit.
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