BUSINESSglobal
Iron Ore Rises as China Tightens Curbs
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Updated 2 hours ago
First seen March 20, 2026 17:40:39Stay on top of this story
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Quick Summary
Iron ore futures climbed above CNY 810 per ton, recovering losses from earlier in the week after China reimposed buying restrictions on BHP’s Jimblebar product, tightening available supply. Beijing also introduced a secondary ban on BHP’s Newman fines amid an ongoing dispute between state-backed China Mineral Resources Group and BHP Group over the 2026 supply ...