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Iron ore rally turning into dead cat bounce

Frik Els | September 16, 2014 | 8:19 pm Top Companies Africa Asia Australia Latin America Iron Ore 

After weeks of relentless selling benchmark iron ore prices soared on Monday. Northern China 62% Fe imports tracked by The SteelIndex jumped $3.20 or 3.9% to trade at $85.20 a tonne, lifting the steelmaking raw material off a string of...

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