Report: Iron ore prices drop after a week of recovery
The overall market outlook continues to disappoint amid the seasonal slowdown in construction in China over the summer.
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September iron ore futures, the most heavily traded on the Dalian Commodity Exchange, for the period from May 19 to May 26, 2023, fell 9.6% from the previous week – to reach 665.5 Yuan/tonne ($96.28/tonne).
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