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It’s over for iron ore and Fortescue

July 30, 2024 - 09:30 -- Admin

It’s over for iron ore. Shanghai steel futures are in free fall, well below seven-year support: Dalian is also breaking down: Coking coal: Scuttlebutt is terrible: Pessimism pervaded the Chinese iron ore market last week, with steelmakers and traders rushing to sell off rebar stocks ahead of the implementation of new rebar standards, consultancy Mysteel

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