Spot iron ore rally continues into new year

Jan 05, 2010 | 07:40 AM |

Spot iron ore prices have touched $128 per tonne as a four-month rally shows no signs of ending.

Chinese import prices for 63.5 percent iron content Indian fines have risen steadily since the beginning of September and have continued to rise in the new year as Indian suppliers push offers higher and a new round of speculation begins.....

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