China’s iron ore futures tumble amid sluggish demand, rising steel inventories
China’s iron ore futures tumble amid sluggish demand, rising steel inventories

China’s iron ore futures tumble amid sluggish demand, rising steel inventories

 

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China's most-traded iron ore futures contract on the Dalian Commodity Exchange, for September delivery, tumbles by nearly 6% on Thursday night to hit 823 yuan per tonne. The most-traded contracts of steel rebar, coking coal and hot-rolled coil are sliding nearly 4% and coke down more than 3 . . .

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