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Iron ore price scales $180/tonne to within reach of record highs

Frik Els | August 25, 2011 | 10:00 pm Energy Europe Iron Ore 

FT reports iron ore prices hit a three-month high above $180 a tonne on Thursday as supply outages and strong demand from China underpinned the steelmaking commodity. Started in 2008, derivatives trading in iron ore is up fourfold this year...

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