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06 Oct
16:12

Iron ore remains on vacation in Golden Week

Iron ore continued its China-induced holiday on Tuesday as futures prices saw only small upwards movement and trading on the Singapore-based globalORE platform remained quiet. Golden Week, as the Chinese October holiday is known, is something of a misnomer for the iron and steel sector in 2015. The period began with steel prices at the lowest levels seen for some time in China and uncertainty around what this will mean for iron ore in the fourth quarter and beyo…
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