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    iron investing

    Iron Ore-Indexes Under Pressure

    Investing News Network
    Mar. 02, 2011 09:35PM PST
    Base Metals Investing

    Reuters reported that slower demand from China caused iron indexes to lose.

    Reuters reported that slower demand from China caused iron indexes to lose.

    The market news is quoted as saying:

    Huge stockpiles of imported ore at Chinese ports, which exceeded 80 million tonnes last week, are also deterring Chinese steel mills and traders from snapping up Indian material in the spot market.

    To read the full market news, click here.

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