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Iron ore sinks to month low as Chinese steelmakers' profits collapse 82%

Frik Els | November 27, 2012 | 8:19 pm China Iron Ore 

Benchmark iron ore on Tuesday continued to trade weaker, giving up $0.30 to settle at $117.90, the lowest level since October 23. Despite the correction today's import price for 62% fines at China's Tianjin port still represents a substantial improvement since...

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