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    iron investing

    Iron Ore Exceeds China PMI Rally

    Investing News Network
    Jan. 04, 2013 05:24PM PST
    Base Metals Investing

    Reuters reported that iron ore has benefited greatly from China’s renewed growth and has started strong this year.

    Reuters reported that iron ore has benefited greatly from China’s renewed growth and has started strong this year.

    As quoted in the market news:

    Asian spot iron ore .IO62-CNI=SI gained 3.4 percent in the first two trading days of 2013, taking it to $149.80 a tonne, a rally of 73 percent since the low of $86.70 in September last year.

    Click here to read the full Reuters report.

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