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28 Mar
16:11

Iron ore slips again

Following its dramatic slide at the end of last week, the seaborne iron ore price appears to be gently descending further. With steel trade action news still dominating the market, something which is set to continue throughout April, we can doubtless expect more variation in the weeks ahead. The Kallanish index for 62% Fe Australian fines slipped by $0.67/tonne on Wednesday to $63.74/dry metric ton cfr Qingdao. 100,000 tonnes of PB fines sold at $…
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