China data boosts iron ore futures, traders optimistic
NewsTotal shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.
Eurasian Resources Group increased its shipments of iron ore products to China to 618,000t in August this year, reaching record levels despite the challenges posed by the COVID-19 pandemic.
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