Shares of Mineral Resources (ASX:MIN), BCI Minerals (ASX:BCI), and Fortescue (ASX:FMG) fell around 8%, 3%, and 2%, respectively, on Wednesday, even as iron ore futures rose for a sixth consecutive day amid expectations of stronger Chinese demand and steel mills restarting operations after recent closures.
The steel-making raw material surged above $107 per tonne for the first time since February.
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