Global

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  • Industry: Mining
  • Type: Business and industry issue
  • Date: 11/1/2012

Iron Ore Q1 2012 – April 2012 

Spot iron ore (62 percent Fe content) prices stabilized during the last three months at US$130-135/t level, after witnessing a high of US$193/t in mid February last year. The price fell down to US$120/t level by October 2011 because of the destocking in China but made a slow recovery since.
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