Now back to IO
Like the benchmark price, large gains were also seen in lower and higher grade ore on Wednesday.58% fines jumped 1.6% to $85.70 a tonne while 65% added 2.2% to settle at $119.20 a tonne.
Both grades also sit at multi-year highs, having jumped 116% and 47% respectively since the end of November.
Iron ore price, page-12697
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