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Iron ore price commits elaborate suicide

August 28, 2024 - 09:30 -- Admin

Qingdao iron ore is ignoring the fireworks in futures, barely up at $93.03. SHFE and SGX futures are bouncing together but steel mill profitability is getting worse, not better: Dalian is unhinged as usual: Not so much for coking coal: CISA output went from bad to worse in mid-August and inventory rose 4% anyway: With

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