Iron Ore Prices Surge Amid China's Industrial Crackdown
Summary by Oil Price
6 Articles
6 Articles
Iron Ore Prices Surge Amid China's Industrial Crackdown
Iron ore futures in Singapore surged toward $100 a ton — the highest since May — fueled by renewed pledges from the Chinese government to curb overcapacity in key industrial sectors. Beijing's comments have boosted sentiment across ferrous markets. Singapore futures jumped as much as 3.6% during the session, marking the largest daily gain since September. Iron ore futures have traded in a tight range between $90 and $110 a ton for more than 18 …
·London, United Kingdom
Read Full ArticleIron ore has gained more than 5% in two weeks
·Greece
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Total News Sources6
Leaning Left0Leaning Right3Center1Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
C 25%
R 75%
Factuality
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