Iron Ore Steadies on Recent Rally

Base Metals Investing

Reuters reported iron ore steadied as investors retreated after a brief rally on Thursday.

Reuters reported iron ore steadied as investors retreated after a brief rally on Thursday.

As quoted in the market news:

Offer prices for imported iron ore in China were little changed on Thursday after rising $4-$5 a tonne since late last week, as Shanghai steel futures dropped for the first time in five sessions.

Click here to read the full Reuters report.

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