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Iron ore rally overshot

April 27, 2024 - 08:51 -- Admin

The iron ore bear market rally needs a new spur as steel and margins stall: Dalian futures likewise look toppy: And coking coal: Steel output is still rising seasonally in China: Meanwhile, average daily hot metal output among mills surveyed grew for a fourth straight week, rising 1.1% to 2.29 million tons – the highest

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