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Reuters reported spot iron ore prices in top importer China steadied on Friday after a rally earlier this week spurred caution among buyers.
Reuters reported spot iron ore prices in top importer China steadied on Friday after a rally earlier this week spurred caution among buyers.
As quoted in the market news:
But iron ore is up 11 percent so far for the week, its best showing in a month after prices surged earlier this week as Chinese steel mills replenished stockpiles after a week-long holiday.