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Base metals prices on the Shanghai Futures Exchange were all up during the morning session on Tuesday March 24 amid a slide in the dollar and following the launch of unlimited quantitative easing by the United States Federal Reserve.
Seaborne iron ore prices strengthened on Tuesday March 24 after a massive drop of nearly $7 per tonne the previous day, with market participants awaiting clarity on the impact of the 21-day lockdown in South Africa on iron ore operations in the country.
Here are five Fastmarkets stories you might have missed on Monday March 23 that are worth another look.
South Africa will enter a 21-day nationwide lockdown from midnight on Thursday March 26 and ordered the country’s metals and mining operations to be placed on care and maintenance.
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