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MMi Daily Iron Ore Index Report March 21 2019

Following yesterdays market activity, the physical iron ore market was relatively quiet. As the weekend approached, a few traders and mills became active, looking to top up their inventories. Traders tended to move their quotes in-line with the DCE market. ills in Tangshan say they are keeping their inventory at a normal level as they are still not sure about future governmental policies whilst in Wuan, some mills say they have a chance to resume production at the end of March.

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Source: Metals Market Index (MMi)

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