Desperate #Chinese #Steelmakers dump #Iron ore stocks

SHANGHAI/MANILA Cash-strapped #Chinese #SteelMills are dumping #Iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector’s worsening crisis, steel mill and trader sources said.
Read more at Reuters: http://www.reuters.com/article/us-china-ironore-idUSKBN0TN17H20151204#uivIe1QVy6ZSQ5b4.99

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