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Nerves fraying as Chinese speculators take control of iron ore market

Iron ore price 'appears to be increasingly driven by financial markets'

Tim Treadgold
Nerves fraying as Chinese speculators take control of iron ore market

Improving supply from Vale, Brazil's mining leader, is one of the events being watched carefully as the price for high grade (62%) ore hovers around the US$110 a tonne level, down slightly on a few days...

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