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Posco iron ore prices fall into line

THE world's second-largest steel maker, South Korea's Poscos, has said it will pay up to 5% less ...

Greg Tubby

Posco will buy iron ore fines at a 2.4% discount to last year, with the price retroactive to April 1, spokesman Moon Gwang Guk told Bloomberg. Lump ore prices will fall 5%. However, the discount is...

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