[Ferro-Alloys.com] (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world threatened by trade wars.

[Ferro-Alloys.com] Iron ore prices have fallen 8.6% over the past five trading sessions despite supply tightening due weather events crimping exports from key exporters Australia and Brazil, latest data showed Monday.

The move aims to protect the Thai domestic manufacturing sector.

During the month, the country splashed out 570.07 million USD on steel purchases, decreasing 28.8 percent from the same period last year.

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