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Reuters reported that spot iron ore fell on slower demand in China on Tuesday.
Reuters reported that spot iron ore fell on slower demand in China on Tuesday.
As quoted in the market news:
With iron ore’s fate closely tied to steel’s, offer prices for imported iron ore in China, including Australian, Brazilian and Indian cargoes, fell by $1 per tonne after mostly holding steady since last week, based on data from Chinese consultancy Umetal.
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