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Iron ore futures extend losing streak as US-China trade tensions weigh on market

Summary by Invezz
Iron ore futures experienced a decline for the sixth consecutive session on Monday. This downward trend was fueled by escalating trade tensions between the United States and China, the world’s leading consumer of iron ore, Reuters reported. The strained trade relationship between these two major economies has created uncertainty and negatively impacted market sentiment. However, the decline in iron ore futures was partially mitigated by positive…
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globaltrailermag.com broke the news in on Sunday, March 2, 2025.
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