The drop in demand for raw materials comes as China tries to rein in housing market boom and temper a potentially overheating economy. The slowdown in China’s building boom would pressure demand for coal used to make steel. The emerging market crafted a record 822 million tons of steel in 2014, or about half the global output, but production was only up 1% last year, the slowest annual pace in 33 years. [Coal ETF Still Struggling]
TONS charges 0.95% per year.
ETF Trends editorial team contributed to this article.