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Our iron ore trains are over 2.5km (264 ore cars) long, meaning it can take half an hour to walk from one end to the other. Large-scale shipping The ships we use to transport iron ore to our customers can carry around 47 Olympic-sized swimming pools worth of material.
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Yes, it is. The problem is that iron ore is still not low. In fact, it is still incredibly high. Moreover, the conditions that support those high prices have collapsed.
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Iron ore prices up in China
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“The iron ore rally has ended and prices have collapsed, as per our expectations, and we expect prices to remain under pressure in 2022,” the credit rating agency said in a recent report.
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The iron ore price has crashed below the trajectory implied by the federal government''s budget forecasts. "While higher prices in July 2021 still mean that the year-to-date average iron ore price
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“The iron ore rally has ended and prices have collapsed, as per our expectations, and we expect prices to remain under pressure in 2022,” the credit rating agency said in a recent report.
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Our iron ore trains are over 2.5km (264 ore cars) long, meaning it can take half an hour to walk from one end to the other. Large-scale shipping The ships we use to transport iron ore to our customers can carry around 47 Olympic-sized swimming pools worth of material.
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Iron ore prices refer to Iron Ore Fine China Import 63.5 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa.
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The iron ore price has crashed below the trajectory implied by the federal government''s budget forecasts. "While higher prices in July 2021 still mean that the year-to-date average iron ore price
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