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Dalian iron ore little changed, faces steel production curbs in China hub
Dalian iron ore futures were little changed on Friday, as investors weighed potential supply disruptions in Australia against tempered demand stemming from China’s environmental curbs in a key steelmaking province. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.06% higher at 776 yuan ($113.71) a metric ton, as of 0342 GMT. The contract has gained almost 3% so far this week after logging two consecutive weekly losses. The benchmark May iron ore on the Singapore Exchange was 0.87% lower at $105.4 a ton. The contract has risen 1.86% this week so far. Portside iron ore ... (full story)