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Reuters reported steel prices sagged on fear of decreased demand in China prompting iron ore to rise for the second day in a row.
Reuters reported steel prices sagged on fear of decreased demand in China prompting iron ore to rise for the second day in a row.
As quoted in the market news:
Benchmark iron ore with 62 percent iron content gained 0.7 percent to $132.30 a tonne on Monday, according to Steel Index, rising for a second straight day.
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