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Maroc Maroc - SHIPPINGHERALD.COM - A La Une - 20/Sep 05:26

Iron ore climbs on China stimulus hopes, softer stockpiles

Prices of iron ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top consumer’s weakening domestic demand. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.69% higher at 693.0 yuan ($98.10) a metric ton. The benchmark October […]

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