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Graphic: Weak demand offsets fall in iron ore prices for steelmakers

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LONDON (Reuters) - Steelmakers' margins are due to deteriorate in coming quarters despite a fall in the price of raw material iron ore because steel prices have also slumped, pressured by weak demand."Even with the correction that we saw in iron ore, steel prices have fallen in just about every market, in Europe, the U.S. and China," said analyst Serafino Capoferri at Macquarie in London.Benchmark..
Date Published: Oct 11, 2019
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