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Iron ore prices: Vale's force majeure, cyclone Heidi vs China slowdown

Frik Els | January 12, 2012 | 10:41 pm Top Companies Australia Europe Latin America Iron Ore 

Reuters reports spot iron ore was trading close to seven-week highs after a cyclone closed down the world's largest export terminal in Australia and heavy rains in three Brazilian states halted Vale's shipments. Vale declared “force majeure” on the shipments...

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