The main contract of black futures expanded its decline, with iron ore falling by nearly 4% and now reporting 710.5 yuan/ton, a new low since August 2023; coking coal, hot coil, and rebar fell by more than 3%, hitting new lows since July 2023, April 2020, and June 2017 respectively; the main contract of coke fell by nearly 3%, a new low since May 2020. On the outside, the main contract of Singapore Iron Ore Index futures fell by nearly 3% and is now trading at $95.65/ton, a new low since April 1.