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Iron ore makes do with China stimulus mirage

A recent iron ore price rally in China reflects how anticipated stimulus measures from Beijing to support the flagging economy have buoyed several metals sectors, but a still-uncertain recovery means the market for the steelmaking ingredient is likely to remain volatile as the first half of the year comes to an end.

Shi Weijun
Iron ore makes do with China stimulus mirage

Iron ore prices are riding high, lifted by possible stimulus in China for the still-struggling property sector and other parts of the world's second-largest economy that drive demand. Benchmark 62% iron...

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