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    iron investing

    Iron Ore Price Soars on Boosting Comments from Top producers

    Investing News Network
    Jun. 11, 2015 04:27AM PST
    Base Metals Investing

    Mining.com reported that the price of iron ore price rose to a five-month high after encouraging comments from top producers on the seaborne market for iron ore.

    Mining.com reported that the price of iron ore price rose to a five-month high after encouraging comments from top producers on the seaborne market for iron ore.

    As quoted in the market news,

    The benchmark 62% Fe import price including freight and insurance at the Chinese port of Tianjin added $1.20 or 1.9% to $65.10 a tonne according to data provided by The SteelIndex, the highest since January 23. High grade 65% Fe fines at the port of Qingdao were also up sharply rising to $74.10 a tonne, a 1.6% improvement.

    Click here for the Mining.com report

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