Iron ore futures in Asia rose on Monday, supported by a steady decline in portside stockpiles of the steelmaking ingredient in China, the world’s top steel producer. The most-traded September iron ore on China’s Dalian Commodity Exchange ended daytime trading 2.1% higher at 1,196 yuan ($185.31) a tonne, up for a fourth consecutive session. It …
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Author: Capt. John
https://www.hellenicshippingnews.com/iron-ore-advances-as-china-port-stocks-hit-over-8-month-low/