S5/10Economic

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.

02 Jul 2026, 02:59 UTCSource: Bloomberg MarketsOriginal source

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