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Goldman hands iron ore miner shorters a second chance

August 14, 2019 - 12:45 -- Admin

In May, Goldman declared the iron ore boom over: The price of steelmaking ingredient of iron ore has peaked, according to Goldman Sachs but will remain at elevated levels because of strong demand from China. Iron ore has surged in the wake of the deadly dam disaster in January forced Vale, the world’s biggest supplier,

The post Goldman hands iron ore miner shorters a second chance appeared first on MacroBusiness.

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