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Iron ore falls in early Asian trading. Prices are likely weighed by weak steel demand, ANZ Research says in a note. The China Iron and Steel Association has urged mills to curb production and draw down inventories to protect margins and limit excess supply, the team adds. The most-traded iron-ore c…
Iron ore futures are lower in Asian trade. Demand for iron ore remains weak in China, while supplies are still high, Baocheng Futures analysts say in a note. This is leading to a weak fundamental outlook for iron ore and is expected to continue weighing on prices, they say. The most actively traded…