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Its hell let lose in iron ore market as price dive 3% on Tuesday

Iron ore levels had the sharpest single day drop in recent memory dipping to lowest level in decade. The price is all set to break the USD 50 per tonne floor within this week with miners on production rampage iron ...

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Iron ore fall hits miners as demand declines

The analyst at, the Australian based Common Wealth Bank, Lachlan Shaw, stated that, the capital of China; Beijing is in a hurry to clean up the sky to blue before the world leaders land in China. Due to this move ...

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Push to flood iron ore market crushes smaller suppliers

Reuters reported that a faster than expected increase in iron ore production by the world’s biggest miners in Australia and Brazil this year is pushing less efficient smaller suppliers of the steel making raw material to the edge. From Europe ...

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