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Iron Ore Price is expected to Rise!

Index for #iron_ore reduced 2.9$ on Monday 26th August. This reduction is related to #Trump decision in order to increase tariffs (5%) on Chinese products and goods and the #Yuan_devaluation (-0.82%), causing #iron_ore_import to #China more expensive and decreasing iron ore demand. On the other hand China has reduced the limitations on #steel_mills for September…