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Iron Ore Hits Four-Week High

Iron ore futures advanced toward CNY 690 per ton, reaching their highest levels in four weeks as improving profit margins boosted market sentiment. Industry data showed that the average margin on imported iron ore turned positive during the latest period, rising from -CNY 3.09 per ton to CNY 2.36 per ton, mainly supported by slightly ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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