Base Metals

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.

Click here to read the full Reuters report.

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