Yahoo Finance Factors behind the Recent Volatility in Iron Ore Prices
Due to China’s appetite for imported iron ore, the stockpiles at Chinese ports are growing. This trend led China to shift from lower-grade material to higher-grade, low-impurity material.
Due to China’s appetite for imported iron ore, the stockpiles at Chinese ports are growing. This trend led China to shift from lower-grade material to higher-grade, low-impurity material.
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