Plus Fe at 58% is selling for 47us.......this is the stuff FMG...

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    Plus Fe at 58% is selling for 47us.......this is the stuff FMG exports as it is a slightly lower grade....

    Fe 62% for April delivery 54.32usfor delivery............ down $2.77us

    not good for the Iron ore producers.........

    Trend is still down
 
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