The price of seaborne 62 per cent iron ore fines has reached near three-month highs, according to Mysteel, now worth $US128.35 ($177) per dry metric tonne (dmt).
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Iron ore teeters on $US100/t as Chinese steel chokes
Chinese steel mills have been ordered to curb production once again to reduce air pollution, in the same week iron ore prices crept back towards $US100 per tonne.
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