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Don’t look up at the iron ore comet!

August 9, 2024 - 09:30 -- Admin

Qingdao iron ore fell 1.4% to $96.15 yesterday. Shanghai rebar futures remain in free fall, SGX is far behind, only guaranteeing it must catch up to restore steel mill profitability: Dalian is breaking lower: Coking coal is wearing concrete boots: Scuttlebutt is instructive: Market talks that China’s top steelmaking hub Tangshan will impose stringent restrictions

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