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5.3
Iron ore rebounds 0.7% on Dalian, but steel output cuts loom
Valor Econômico·CN·about 3 hours ago
Iron ore futures in Singapore rose 0.27% to $95.7/ton, driven by market expectations of additional stimulus measures in China. The move reflects speculative positioning ahead of potential policy announcements, with the commodity still near multi-year lows. The sustainability of the uptick depends on actual policy delivery and demand recovery in China's property sector.
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