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Iron ore hits 5-week high as China continues to forge steel near record pace

Frik Els | June 21, 2012 | 7:05 pm Energy China Coal Iron Ore 

Iron ore prices gained again on Thursday hitting a five week high as optimism about Chinese economic growth and demand for steel returned to the market. The import price of 62% iron ore fines at China's Tianjin port was $137.40 at...

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