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Daily iron ore price update (delayed reaction)

June 10, 2021 - 09:30 -- Admin

The ferrous complex was firm yesterday with a  broad rally on a delayed reaction to Tuesday’s news about more Brazilian mine suspensions. Spot was up. Paper flat overnight. Steel rallied: Chinese port inventories are at 127.65, adequate only: Not much else to say. I still think that the risk of an EOFY sell-off is high

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