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Iron ore rocket flames out

April 11, 2024 - 09:30 -- Admin

Rebar futures firmed a little but SGX fell marginally: Dalian likewise: There’s not much to drive this on as still-ruined steel margins get wrecked by the dirt price rebound, and steel demand wilts. BofA: There’s plenty of iron ore in China: Plenty everywhere: And a lot more coming: Given the coming Chinese completions cliff in

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