Iron Ore Prices Climb as Beijing Hints at Economic Boost

The iron ore market saw a positive shift on Monday. Traders responded to news of potential fiscal stimulus from China. This development improved sentiment in the world’s largest steel-consuming market. China’s Dalian Commodity Exchange saw January iron ore futures rise by 1.97%. The price reached 800.5 yuan (R$631.59 / $112.78) per ton. Early trading witnessed […]

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