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Vale says iron ore reaching a bottom, will improve within '2-3 weeks'

Frik Els | July 28, 2012 | 11:47 pm Latin America Iron Ore 

Vale believes spot iron ore prices are expected to reverse course and recover from recent falls as current levels approach the marginal costs of several producers. "I believe the recovery will happen soon," José Carlos Martins, the Brazilian miner's director...

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