Iron Ore Falls 2% More

Base Metals Investing

Reuters reported iron ore fell again in trade on Tuesday on slow steel demand in China.

Reuters reported iron ore fell again in trade on Tuesday on slow steel demand in China.

As quoted in the market news:

Slow steel demand in China, the world’s biggest producer and consumer, has curbed the appetite for iron ore and sent the raw material’s prices down more than 2 percent so far this year after falling nearly 19 percent in 2011.

Click here to read the full Reuters report.

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