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To all China bears: Iron ore has just scaled $120

Frik Els | October 25, 2012 | 7:25 pm China Iron Ore 

Iron ore continued its strong rally on Thursday, adding $1.30 or 1.1% to $120.00 a tonne; a psychologically important number for the industry. Benchmark 62% iron ore fines at China's Tianjin has now clawed back more than 38% of its...

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