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.
China plans to spend more than Yuan 150B ($21.8B) over the next six years to add 2,000 km of railway track in the coal-rich northern province of Shanxi.
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