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Iron Ore Advances as CMRG May Block Some Fortescue Deliveries

Bloomberg

BusinessBloomberg·Jul 2, 2026·1 min read

Iron Ore Advances as CMRG May Block Some Fortescue Deliveries

Iron ore advanced — with futures briefly topping $100 a ton — after China’s state-backed buyer of the commodity signaled that it planned to restrict some Fortescue Ltd. inventories held at mainland ports.

View original source — Bloomberg ↗

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