"" (Bloomberg) -- Iron ore touched its highest in nearly a month as traders bet on a modest improvement for China’s steel market.Futures in Singapore rose the previous four trading days and are up more than 6% this week due a tick-up in demand and hopes for a stimulus boost at a major Chinese political gathering — known as the Third Plenum. The steelmaking ingredient is now solidly above $110 a ton after trading below that threshold for most of June. ""
Nice tailwinds for us.
M4M Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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