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Iron ore gains as base metals slip

Iron ore is continuing to show strength as copper and other base metals falter

Kristie Batten
Iron ore gains as base metals slip

The MySteel 62% Australian iron ore fines price was up 2.1% to US$218.50 per tonne, while 58% fines rose 2.9% to $184.40/t. "Steel mills are seeing weakened margins as steel prices underperform raw...

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