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Freight eats into iron ore profits

Posted by: Admin | Posted on: November 22nd, 2017 | 0 Comments

Liberum analysts Richard Knights and Ben Davis said in a research note that benchmark iron ore prices have stabilised just above the 2017 low of US$55 per tonne in June, while premiums for lump and 66% Fe concentrate have risen $8 (to $24/t) and $6 (to $16/t), respectively, over the same period.

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