Via Metal Miner In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast of 5%. According to the economic data released by the National Bureau of Statistics, strong trade and industrial production helped to propel growth, indicating that China has braved the tariff war unleashed by the United States. Meanwhile declining steel prices seem to indicate A Strong Monday Showing for Iron Ore It was this very expectation of a 5% growth in Q2 that iron ore traders were banking…
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