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    iron investing

    Metalloinvest Iron Ore Output Rises 9% in 2011

    Investing News Network
    Jan. 27, 2012 02:19PM PST
    Base Metals Investing

    Bloomberg reported Russia’s Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.

    Bloomberg reported Russia’s Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.

    As quoted in the market news:

    Iron-ore sales to companies not affiliated with Metalloinvest was 3.2 million tons. Fourth-quarter iron-ore output reached 10 million tons.

    Click here to read the full Bloomberg report.

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