MANILA, June 4 (Reuters) - Dalian and Singapore iron ore futures fell on Thursday after rising in early trade on concerns over supply from key exporter Brazil and robust steel demand in China.
Iron ore’s most-traded September contract on China’s Dalian Commodity Exchange closed down 0.3% in the morning session, after rising as much as 2.3% to 770 yuan ($108.03) a tonne. Iron ore for July delivery on the Singapore Exchange also erased early gains and was down 1.1%.
https://in.reuters.com/article/asia-ironore/iron-ore-volatile-as-100-t-price-seen-unsustainable-idINL4N2DH0T2
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