Iron Ore Seen Poised for Bear Market by Smirk on Rising Supply

Iron ore may decline 35 percent by the year-end after advancing to $170 a ton in the first half as mines in China boost production, cutting import demand in the world’s largest buyer, according to Westpac Banking Corp. The price of the steel-making ingredient may tumble to $110 a ton by the end …

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Iron Ore Seen Poised for Bear Market by Smirk on Rising Supply

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