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28 Mar

Iron ore gains, FMG delays Iron Bridge

Seaborne iron ore prices continued to rise on Tuesday, while iron ore trading resumed and a slight appreciation of the yuan supported prices. The Kallanish KORE 62% Fe index gained $1.2/t on Tuesday to $123.29/dry metric tonne cfr Qingdao. The Kallanish KORE 65% Fe index rose $1.27/t at $139.32/dmt cfr, and the KORE 58% Fe index reached $0.11/t higher at $114.19/dmt cfr. 170,000 tonnes of PB fines were sold at a floating price wi…
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