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Iron ore approaches a cliff

February 6, 2024 - 08:00 -- Admin

Dalian iron ore is weak and looking like it is breaking its uptrend: SGX has some catching down to do versus rebar futures: Scuttlebutt is not positive: Rising inventory weighed on sentiment. Iron ore inventory across 35 ports tracked by the Shanghai Metals Market (SMM) totalled 126.26 million metric tons in the week as of

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