COLUMN-Iron ore rhetoric should shift from China demand to oversupply: …

One of the recurring themes in iron ore’s precipitous decline this year has been the weak state of Chinese demand. It doesn’t take much of a search to find media and analyst reports that reference softness in China’s steel market as one of the major reasons for Asian spot iron ore’s 43-percent decline this year to a five-year low of $75.60 a tonne on Thursday. Iron ore falls …
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