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Iron ore permabear Xie now expects price in $30s

Frik Els | February 06, 2015 | 11:20 pm Africa Australia China Latin America Iron Ore 

On Friday, the iron ore price bounced of fresh five-and-half year lows reached yesterday, but the pervasive sentiment remains ultra-bearish in a market coping with a massive supply glut. The 62% Fe benchmark import price including freight and insurance at...

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