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MINER'S RIGHT
Iron ore price set for strong 2019
An event that turns a commodity surplus into a deficit almost overnight sounds unlikely but, if the latest analysis of the iron ore market is correct, that’s precisely what’s happening as the predictable positive effect on the iron ore price – and the share prices of iron ore miners.
For big exporters of the steel-making material, a group that includes Rio Tinto, Vale, BHP, Anglo American and Fortescue Metals, the disappearance of the iron ore surplus is good news, if it lasts. ...
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