Iron Ore Sinks, Steel Mills Go Dark in China

The video discusses the current state of the iron ore and copper markets, highlighting challenges such as oversupply in the steel market and the impact of China's weak property sector on demand. It also covers the decline in copper prices due to global economic concerns, including inflation and monetary tightening, and the effects of China's lockdowns on manufacturing.

What are the implications of oversupply in the steel market for iron ore?

Discuss the relationship between global economic conditions and copper supply.