DCE: Iron ore closes slightly lower on Wednesday.

In the evening session this Wednesday (3), the January expiration of iron ore in Dalian Exchange (DCE) It ended with a slight decrease of 0.19%, at 799.5 yuan (US$113.19) per ton. 

In this trading session, prices for the steelmaking ingredient continued to be pressured by the slowdown in global demand. As reported by the Chinese consultancy Mysteel, shipments from Australia in November, the world's largest producer, totaled 18.205 million tons, a decrease of 1.27% compared to the previous month.

Investors are watching closely for signals regarding China's 2026 growth targets, which will be announced at the Central Economic Work Conference, as well as at the December meeting of the Chinese Communist Party, the Politburo.

This text was translated by machine from Brazilian Portuguese.