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lump iron ore to increase by 19 percent

  1. 289 Posts.
    Hamersley Iron has reached agreement with POSCO on the price of lump iron ore for delivery in the contract year commencing 1 April 2006. Under this agreement, the price of lump ore will increase by 19%, the same percentage increase as Hamersley previously agreed for iron ore fines with the Japanese steelmakers.
 
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