Iron Ore Prices China

Overall what the recent price action in iron ore shows is that China can only expect limited and short-term success in trying to drive down prices using measures that do little to. IRON ORE DAILY.

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According to global financial services firm UBS China buys about 70 per cent of the iron ore Australia exports which in turn makes up about 60 per cent of all the iron ore China.

Iron ore prices china. The most-active September iron ore on Chinas Dalian Commodity Exchange ended daytime trading -88 at 1121 yuan ton. Front-month contract slid 54 last week to end at 109050. Prices rise on possible steel production limit in China Iron ore prices went up on Thursday July 1 and there was market chatter about a crude steel production.

The decline in Chinas main domestic iron ore futures market the Dalian Commodity Exchange DCE was more pronounced. Iron ore prices have surged from 80ton in 2019 to as high.

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