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Iron ore price slips as Chinese steelmakers face margin pressure

MINING.COM Staff Writer | June 08, 2022 | 9:17 am Intelligence Markets China Iron Ore 

The iron ore price fell on Wednesday as reduced profitability at Chinese steel mills following a recent rally in prices of steelmaking ingredients weighed on sentiment. Benchmark 62% Fe fines imported into Northern China fell 0.3% Wednesday morning, to $145.84...

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