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Home News Business Iron ore surges in Asia after China homebuying rules eased (NYSE:BHP)

Iron ore surges in Asia after China homebuying rules eased (NYSE:BHP)

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Dazman/E+ via Getty Images

Iron ore futures spiked in early trading Monday after three of China’s biggest cities eased restrictions on homebuying, raising hopes for stronger demand in the top global consumer of the steelmaking ingredient.

Shanghai, Guangzhou and Shenzhen loosened rules, following through on the



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