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Iron Ore Lumps, Pellets in Vogue as China Scrubs Nasty Skies
LAGOS (Capital Markets in Africa) – The global iron ore market is fracturing and that means form matters more than ever. Alongside a push for better grades, which has reshaped pricing patterns, and shunning of impurities that hurt efficiency, mills are now paying more for raw material that comes in lumps and pellets. “It’s not all about the grade of your product,” Macquarie Wealth Management said in a recent note that highlighted burgeoning investor interest in the trend….
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