China’s #IronOre futures slid amid expectations of steel output cut. The most traded Sept contract fell 3% to drop below 1,200 yuan/tonne.S

China's #IronOre futures slid amid expectations of steel output cut. The most traded Sept contract fell 3% to drop below 1,200 yuan/tonne.
Some local govts released plan for cutting crude steel output and the national plan is expected to be unveiled in Q3.

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