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Iron ore prices jumped on Monday after the collapse of a dam owned by Brazilian miner Vale SA killed more than 60 people, fueling speculation of lower supply ahead. Futures in the ferrous metal jumped 5% to $78.29 a ton, as hundreds remained missing after the bursting of the Vale dam on Friday
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Jul 24, 2013In 2014 supply of iron ore could grow as much as 14% and demand is expected to grow over 7% with Chinese domestic iron ore production falling 11%. The dry bulk shipping cycle seems to be poised to move into a new phase. We have passed the bottom and it
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In the current iron ore market, the effective utilization of low grade iron ore is an issue, as it has become more and more difficult to secure high grade iron ore. At the present, low grade iron ore is processed into iron ore fines, high grade iron ore concentrate and pellets through grinding, beneficiation and firing, and is fed into the
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Iron Ore increased 22 USD/MT or 30.77% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore reached an all time high of 191.90 in February of 2011 and a record low of 37 in December of 2015. Iron ore prices refer to Iron Ore Fine China Import 63.5 percent grade Spot Cost and Freight for