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Shipping rates down, iron ore prices up

DOMESTIC spot iron ore prices will need to stay above $US100 ($A111) a tonne and act as an incent...

MiningNews.Net

Iron ore prices currently exceed $US120/t (for 62% iron ore material) and Macquarie believes lower shipping freight rates bode well for the iron ore price, implying more potential to raise free-on-board...

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