Iron Ore Falls As Steel Demand Slows in China

- December 15th, 2011

Reuters reported iron ore fell for the fifth day on lethargic demand from China.

Reuters reported iron ore fell for the fifth day on lethargic demand from China.

As quoted in the market news:

Growth in China’s steel output and iron ore imports will slow next year as the world’s top steel market keeps a tight grip on its property sector, putting pressure on iron ore prices, a Reuters poll showed.

Click here to read the full Reuters report.

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