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Iron ore “should be” lower

August 13, 2024 - 10:00 -- Admin

Qingdao iron ore fell 1% to $94.91 yesterday. Shanghai rebar futures resumes their crash and SGX opened more jaws: Dalian rallied overnight: Coking coal is telling the truth: Scuttlebutt is bearish: “Investors are very pessimistic about iron ore prices right now,” said Wei Ying, an analyst at China Industrial Futures Ltd. Worsening losses at steel

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