Shipping rises as spot iron hits hot streak

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Published: Thursday, 17 November 2011

Baltic dry index up as China starts buying iron ore after lengthy hiatus

The cost for transporting dry bulk industrial minerals by sea increased this week after China started buying iron ore again after the demand slump last month.

 

Iron ore prices fell last month after Chinese steel mills held off buying due to worries about future metal demand.  But iron ore...

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