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Lower grades also rallied with 58% fines adding 1.6% to $72.14 a...

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    Lower grades also rallied with 58% fines adding 1.6% to $72.14 a tonne.

    Iron ore prices rallied on Friday, supported by renewed uncertainty over Brazilian and Australian supply.

    According to metal Bulletin, the spot price for benchmark 62% fines jumped 2.5% to $86.81 a tonne, logging its largest gain in two weeks.

    The gains in higher grades were even larger with 65% fines soaring 3% to $99.30 a tonne, leaving it just below the multi-year highs struck in early February.

    https://www.*.com.au/iron-ore-price-brazil-australia-supply-china-pmi-2019-4
 
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