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Reuters reported spot iron ore prices are expected to stay near the five-month high with little activity on the physical market in China.
Reuters reported spot iron ore prices are expected to stay near the five-month high with little activity on the physical market in China.
As quoted in the market news:
Iron ore ended the first quarter up nearly 7 percent, rebounding from a decline of 19 percent in the last three months of 2011, supported by hopes demand from top importer China will strengthen as construction activity turns brisk after winter.