Industry News

Iron ore futures rise

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Update time : 2022-08-08 17:10:00

Iron ore, however, was set for weekly losses amid worries about China’s ailing property sector, COVID-19 curbs, steel production cuts, and Sino-US tensions over Taiwan.

Iron ore’s front-month September contract on the Singapore Exchange climbed by up to 4.3% to $110.30 a tonne, after touching its weakest since July 25 at $104.70 on Thursday.

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