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Reuters reported fewer spot iron ore offers were made on Wednesday on softened demand for steel in China.
Reuters reported fewer spot iron ore offers were made on Wednesday on softened demand for steel in China.
As quoted in the market news:
Spot price offers for Australian and Brazilian iron ore cargoes in China dropped on Wednesday as demand thinned amid a sluggish Chinese steel market that is likely to extend through next month as rains slow construction projects.
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