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Seaborne iron ore prices recovered back to over $100/tonne on Wednesday as China returned from its holidays with renewed confidence. Further price declines remain a possibility, however, and market participants are watching the Evergrande saga closely. The Kallanish KORE 62% Fe index recovered by $5.07/t on Wednesday to $104.38/dry metric tonne cfr Qingdao. The KORE 65% Fe index regained $4.64/t to $127.34/dmt cfr, and the KORE 58% Fe index slipped $2.16/t to $82.…
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