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Blow to iron ore price as Chinese steelmakers opt for scrap

Frik Els | May 23, 2017 | 10:33 am Base Metals Iron Ore Nickel Zinc 

World Steel Association data showed a 5% year-on-year jump in global steel production in April to 142.1m tonnes. It's a continuation of robust growth in the industry which increased output by 5.1% during the first four months of the year...

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