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Almost exclusively used for steel production, iron ore rose from just a simple combination of rock and mineral material to being one of the most important industrial commodities for traders. This year, we are positive that this commodity will remain strong in the market, thanks to more consumption of iron ore in China. This is evident in the rate of investment in Chinese infrastructure development as it remains a top priority for their government since 2013. Keen to know more about the rise of iron ore as a trading commodity? Check out these slides for additional details.
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