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China's Spot Iron Ore Prices Increase 3.5%, Third Week of Gain (Bloomberg)

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China's Spot Iron Ore Prices Increase 3.5%, Third Week of Gain (Bloomberg)

Nov. 21 (Bloomberg) -- Cash prices of iron ore imported by China, the world's biggest buyer of the steelmaking ingredient, rose for a third week, gaining 3.5 percent after China unveiled a 4 trillion yuan ($586 billion) stimulus plan.

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