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    iron investing

    Iron Ore Price Hit Rock Bottom In China

    Investing News Network
    May. 13, 2010 03:24PM PST
    Base Metals Investing

    On Thursday, iron ore prices hit rock bottom due to slow purchases by traders after Beijing, China has resolved to heal the Chinese economy, which means decrease in demand for iron (Fe) in producing steel.
    London Commodity Brokers is quoted in a report:
    “There is no sign of a pick-up in the physical market.”
    Click here to access […]

    On Thursday, iron ore prices hit rock bottom due to slow purchases by traders after Beijing, China has resolved to heal the Chinese economy, which means decrease in demand for iron (Fe) in producing steel.

    London Commodity Brokers is quoted in a report:

    “There is no sign of a pick-up in the physical market.”

    Click here to access the entire news

    iron investingchina
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