Fortescue Says China Curbs Help Damp Unhealthy Speculation

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  • Putting up transaction costs strongest government signal
  • Benchmark iron ore prices to remain stable: CEO Nev Power

China’s move to rein in a commodity trading frenzy is putting a brake on “unhealthy” speculation as regulators seek to prevent markets getting out of control, according to the head of the world’s fourth-largest iron ore producer.

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