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Reuters reported spot iron ore rose to a six month high on Thursday on hopes of increased steel trade in China.
Reuters reported spot iron ore rose to a six month high on Thursday on hopes of increased steel trade in China.
As quoted in the market news:
Traders pushed spot iron ore prices to six-month highs in anticipation of a brisk pickup in steel demand in China, with Shanghai rebar futures hovering near three-month peaks on Thursday.
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