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Iron ore spot prices climb

SPOT iron ore prices into China have risen to more than $US100 per tonne, according to reports from a steel consultancy, but the boon is going mainly to Indian iron ore miners.

Kate Haycock

Iron ore spot prices climb

According to news reports from Shanghai, steel consultancy Mysteel said yesterday that iron ore spot prices in China were now higher than $100/t on a 63% iron basis. The Metal Bulletin iron ore index...

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