Iron Ore Prices Remain Afloat

Base Metals Investing

Reuters reported iron ore prices stayed higher due to limited supplies despite lowered steel prices.

Reuters reported iron ore prices stayed higher due to limited supplies despite lowered steel prices.

As quoted in the market news:

Limited spot supplies kept iron ore prices afloat, although they may be at risk of turning lower again amid a weak Chinese steel market that have trimmed production from record levels in May.

Click here to read the full Reuters report.

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