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Newsroom: Industry News

Industry News
30th May 2017

Influential emerging market investor is iron ore price bull

With Chinese and U.S. traders on a break, the iron ore market took a breather on Monday after wild price swings saw the steelmaking raw material fall to a more than seven-month low on Friday. The Northern China import price of 62 percent Fe content ore is down 15 percent for in May trading at $57.80 per dry metric tonne, the lowest since mid-October according to data supplied by The Steel Index.

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