Quarterly and spot ore prices set to align in final quarter
- Thursday 09 September 2010, 18:19
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- Dry Cargo
IRON ore from Brazil and Australia will be sold at fourth quarter prices up to $5 per tonne lower than the current spot price.Brazilian producer Vale has signalled it will cut its ore price for the months of October, November and December by 10%, compared with the previous quarter. This...
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