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Iron-ore-prices hit new eight month top as rebar futures firm
Jan. 11, 2011 05:16AM PST
Base Metals Investing Mining Weekly.com reports that there is expectation that iron prices will maintain their recent gains.
Mining Weekly.com reports that there is expectation that iron prices will maintain their recent gains.
The editorial is quoted as saying:
Chinese steel mills, the biggest buyers of the world’s iron ore, have been replenishing stocks of the steelmaking raw material ahead of the Lunar New Year in February, with stronger steel prices also supporting the buying bing