Iron ore prices getting back to $200 USD a tonne
The iron ore price is getting back to around $200 USD a tonne after falling since the federal budget, according to Sky News Business Reporter Ed Boyd. Iron ore fell from around $230 USD to about $180 USD but because steel prices are going up in China and Chinese steel mills are happy to pay more for iron ore the price is rising back to $200 USD.
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The iron ore price is getting back to around $200 USD a tonne after falling since the federal budget, according to Sky News Business Reporter Ed Boyd. Iron ore fell from around $230 USD to about $180 USD but because steel prices are going up in China and Chinese steel mills are happy to pay more for iron ore the price is rising back to $200 USD.
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