Iron ore prices have defied investors’ expectations and climbed by almost two-fifths since May, driven by a surge in Chinese steel production in spite of the near collapse of the country’s real estate sector.
儘管中國房地產行業幾近崩潰,但受中國鋼鐵產量激增的推動,鐵礦石價格超出投資者預期,自5月以來上漲近五分之二。
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