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Iron Ore: Spot Rises Further, Weak Steel Outlook to Cap Gains
Nov. 07, 2011 03:24PM PST
Base Metals Investing Reuters reported iron ore prices are likely to stretch gains this week as more millsChina return to the market.
Reuters reported iron ore prices are likely to stretch gains this week as more millsChina return to the market.
As quoted in the market news:
Iron ore, which fell more than 30 percent in October, began stabilising last week, gaining more than 8 percent, as Chinese demand picked up.
