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China blames majors for iron ore surge

A CHINESE government agency has suggested that the iron ore majors have artificially inflated spo...

Kristie Batten

It comes after iron ore prices soared around 85% between September 2012 and February 2013 from a low of $US86.70 per tonne to around $160/t last month. The iron ore spot price for 62% fines cost and...

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