Iron Ore Mine Closures May Lead to $70 Floor Price

Iron Ore Mine Closures May Lead to $70 Floor Price

Iron ore, which is critical to the steel making process, is predicted to drop to $70 a ton. This drop would result in many iron ore mine closures throughout China and the rest of the world. If the price continues to drop, it would force less competitive mines to cut production. Read more here: Iron Ore Mine Closures May Lead to $70 Floor Price Directory World

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