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Iron Ore Slips on Mideast Disruptions

sanctions_shadow_enforcement UTC: 2026-03-18 11:00:37

Iron ore futures fell below CNY 810 per ton, pulling back further from two-month highs as rising freight costs driven by the Iran war disrupted Chinese steel exports, weighing on demand for the key steelmaking ingredient. Shipowners have been reluctant to commit tonnage for st...

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