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Iron ore outlook darkens further

March 23, 2024 - 09:17 -- Admin

The dead cat bounce in Chinese steel prices continued Friday, though SGX iron ore flamed out: The Dalian Death Cross is here: The latest MySteel data remains alarming: Its commentary is equally so: The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel’s regular tracking ended a four-week drop and

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