Iron ore price rises as more policy support looms in China

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Iron ore price rises as more policy support looms in China
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Iron ore price rose on Monday underpinned by looming additional policy support to shore up the Chinese economy amid its battle to contain covid outbreaks.

Analysts expect the spreading infections in China to continue curbing industrial activity and domestic demand in the near term.

Analysts expect the spreading infections to continue curbing industrial activity and domestic demand in the near term.

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