IRON ORE DAILY: Prices sink below $85 again after US-China trade friction escalates
Seaborne iron ore prices dropped below $85 per tonne cfr again on Monday August 26 after trade tensions between China and the United States escalated over the weekend. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $84.91 per tonne, down $2.90 per tonne. 62% Fe Pilbara Blend Fines, cfr Qingdao: $85.29 per tonne, down…