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Iron ore price rises while China warns against speculation

Views : 250
Update time : 2023-01-19 20:36:18

The iron ore price rose on Wednesday as investors bet on surging demand for the steel ingredient as China’s economy reopens.

According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $113.60 a tonne Wednesday morning, up 3.1%.

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