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Maroc Maroc - SHIPPINGHERALD.COM - A La Une - 20/Jun 06:24

Iron ore struggles for direction as prospect of China steel output cut weighs

Iron ore futures pared early gains on Wednesday and struggled for a clear direction, as market discussions over potential steel production cuts in top consumer China weighed on prices of the key steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.36% lower at 824 yuan ($113.55) […]

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