China's iron ore futures surge on expectation of more policy easing

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China's iron ore and other ferrous commodity futures rallied on Friday on expectation of more policy easing. The most-traded iron ore futures contract on the Dalian Commodity Exchange, for September delivery, surges by more than 5% to hit 869.5 yuan per tonne before closing the morning session on Friday at 864 yuan per tonne . . .

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