Reuters Africa reported iron ore fell for a second time in three sessions and offer prices dropped further on Wednesday.
Reuters Africa reported iron ore fell for a second time in three sessions and offer prices dropped further on Wednesday.
As quoted in the market news:
Having replenished iron ore inventories over the past three weeks, Chinese steel producers are holding back on more purchases, halting a rally that has lifted spot iron ore prices by 24 percent this month after a 31 percent slump in October.