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Daily iron ore price update (China wants it all)

January 4, 2022 - 08:00 -- Admin

Prices varied across the Christmas/NY gap with some volatility around the $120USD per tonne price for spot iron ore while rebar futures held their ground as we head into the New Year: The taps are very slowly being screwed by the Chinese government as they continue to look for more self-sufficiency in iron ore supply.

The post Daily iron ore price update (China wants it all) appeared first on MacroBusiness.

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