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Iron ore primed to shock upwards?

May 22, 2019 - 13:35 -- Admin

Dalian iron ore still marching higher: Via Reuters: Steel mills have been operating at low inventory levels and only purchasing hand-to-mouth from ports due to high raw material prices. Market estimated that average iron ore stocks at mills have fallen to around 20 days of use, down from normal inventory levels of 30 days. Ore

The post Iron ore primed to shock upwards? appeared first on MacroBusiness.

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