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Reuters reported a slowing Chinese economy clouding the demand outlook in the world’s top consumer and halting producers’ buying interest for iron ore.
Reuters reported a slowing Chinese economy clouding the demand outlook in the world’s top consumer and halting producers’ buying interest for iron ore.
As quoted in the market news:
BHP Billiton , the world’s top miner and third-biggest iron ore supplier, warned that commodity markets could cool further and said investors had lost confidence in the longer-term health of the global economy.