🔴 BHP Group is trading 8% down in after-hours trading with iron ore futures below CNY 740

BHP Group is trading at $78.47 (-7.93%) after-hours amid reported weakness in iron ore markets.

• The after-hours decline followed a -2.03% regular-session close on October 7.
• October 7 commodity coverage reported iron ore futures below CNY 740 per ton, citing weak Chinese steel margins, elevated inventories and lower blast-furnace output as pressures on major miners.
• Escondida wage negotiations continue, but mediation has temporarily delayed a potential strike; available reporting does not establish this news as the cause of the after-hours move.