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Iron ore prices rebounded Friday after touching more than two-year lows the previous day, with dip buying and signs of improving steel margins and downstream consumption in China cited as support.
Oct 16 (Reuters) — Iron ore prices rebounded on Friday after touching more than two-year lows the day before, aided by a raft of dip buying amid signs of improving steel margins and downstream consumption in top consumer China. The most-traded iron ore contract on China's Dalian Commodity Exchange rose 0.22% to 673.5 y