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Seaborne iron ore market sees thin trading as participants hold back
August 04, 2014 - 12:17 GMT
62% Fe iron ore
Dalian Commodity Exchange
The seaborne iron ore market had a dearth of trades on Monday August 4 with participants waiting for stronger cues.
Prices were stable at Chinese ports, however, despite gains
in the rebar and iron ore futures markets during the day. "Few
sellers made offers on Monday and participants are waiting for
stronger hints of where the market is headed this week," a mill
source in Tangshan told Metal Bulletin sister title Steel First
in the morning. Another mill source said he received a private
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