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Chinese miners keep digging for iron ore despite most losing money

Cecilia Jamasmie | March 27, 2015 | 6:00 am Top Companies Asia Australia China Iron Ore 

Iron ore miners in China, the biggest consumer of the steelmaking commodity, keep digging away even though about 75% of them are losing money, in an attempt to retain market share. The situation, however, can’t continue for much longer said...

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