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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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 Market
Iron OreMarkets

Iron Ore Rebounds on China Supply Restrictions

Iron ore futures climbed above CNY 740 per ton, recovering from one-year lows after China’s state-backed buyer moved to restrict deliveries of certain Fortescue products to selected domestic steel mills, tightening supply in the world’s largest market for the steelmaking raw material. According to reports, the China Mineral Resources Group instructed mills and traders holding Fortescue’s Super Special Fines to take delivery before July 15, after which the blast furnace feedstock would be blacklisted. If enforced, the measure would mark a significant escalation in the dispute between the two sides, as negotiations over long-term supply contracts between the Australian miner and CMRG remain deadlocked. Meanwhile, iron ore prices had come under pressure in recent weeks due to ample global supply and weakening demand from the steel sector.

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