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Red hot iron ore cools down as Chinese mills opt for cheaper domestic supplies

Frik Els | January 14, 2013 | 7:58 pm China Iron Ore 

The benchmark CFR import price of 62% iron ore fines at China's Tianjin port is pulling back from 15-month highs set last week when the commodity came within sight of $160 a tonne. On Monday iron ore was changing hands...

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