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SSY News
 INDIAN IRON ORE SPOT PRICES SOFTEN |
08-03-2010 |
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Recent weakness in Chinese steel prices combined with the year-to-date high in Chinese iron ore port stockpiles have resulted in a softening in iron ore spot prices. The delivered cost of spot iron ore exports into China fell to $137/t at the end of last week, ending a 4-week rally after India failed to raise its export taxes. |
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