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    iron investing

    Iron Ore: Slowing China Economy Clouding Demand

    Investing News Network
    May. 16, 2012 04:17PM PST
    Base Metals Investing

    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.

    Click here to read the full Reuters report.

    iron investing
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