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Iron ore price unsustainable

FIRST signs that the latest iron ore price increases may be reversed in future years have come wi...

Tim Treadgold
Iron ore price unsustainable

Shougang Steel said it would have to pay an extra $US181 million for iron ore in 2005, a price that is three-times more than its parent company earned in profit in the half-year to December 2005 According...

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