Iron Sinks on Fourth Day on China Data

The Economic Times - - Commodities Plus -

Iron ore re­treated for a fourth day af­ter com­mod­ity ex­changes in China in­ten­si­fied a crack­down on spec­u­la­tive trad­ing in raw ma­te­ri­als that’s pushed vol­umes to record lev­els. Ore with 62% con­tent de­liv­ered to Qing­dao fell 2.7% to $61.09 a dry MT on Wed.

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