Iron ore prices lack conviction despite China stimulus moves

Capt. John

The balance of risks for iron ore prices are tilted to the downside despite top buyer China’s most recent steps to boost its struggling property sector. A series of stimulus measures announced earlier this month will see up to 1 trillion yuan ($138 billion) in new property funding, an easing of...

https://www.hellenicshippingnews.com/iron-ore-prices-lack-conviction-despite-china-stimulus-moves/

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