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Reuters.com reports that the price of Iron Ore was driven up on Tuesday because of tightening supply.
Reuters.com reports that the price of Iron Ore was driven up on Tuesday because of tightening supply.
The story is quoted as saying:
Availability from India has been tight since the southern state of Karnataka banned iron ore exports from late July in acrackdown on illegal mining. Shipments from Karnataka comprise around a quarter of exports from the country, the world’sthird-largest supplier.
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