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Iron Ore Extends Rally on Mideast Disruptions

people_culture UTC: 2026-03-12 11:00:35

Iron ore futures climbed above CNY 790 per ton, reaching near two-month highs as the intensifying conflict in the Middle East began disrupting shipments of the key steelmaking ingredient. At least three cargoes of iron ore mined by the UK’s Anglo American Plc and two from Braz...

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