Iron ore rangebound on Australian strike, downbeat China data
Iron ore prices were little changed on Monday, as investors weighed the impact on supply after a strike at a major export hub of the key steelmaking ingredient in Australia against downbeat inflation data in top consumer China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) was flat at 716 yuan ($106.13) a metric ton, as of 0323 GMT. The benchmark September iron ore…
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