NMDC: While iron ore sales declined by 6.7% YoY, production increased by 5.1%, reflecting a possible inventory buildup or reduced demand. Most Asian markets were trading lower in their first session of the year. The Nikkei 225 and KOSPI were down 0.96% and 0.44%, respectively.
Meanwhile, stock futures rose slightly to begin 2025, following the S&P 500’s impressive back-to-back annual gains of over 20%. For more information, visit our website and follow us on social media.
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