BEIJING: Iron ore futures prices extended declines for a third consecutive session on Monday as some investors unwound long positions to cash in profits amid contracting demand and steel margins.
The most-traded May iron ore on China’s Dalian Commodity Exchange (DCE) fell 1% to 993.5 yuan ($138.93) a metric ton, as of 0215 GMT.
The benchmark February iron ore on the Singapore Exchange was…
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News Source: www.brecorder.com
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