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Iron's blockbuster rally under threat

2016's rally tough act to follow as this year will bring more supply than current pricing can handle

Published Wed, Jan 4, 2017 · 09:50 PM
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Singapore

IRON ore has a very tough act to follow in 2017. After surging last year in a rally that caught out many investors, the commodity faces a challenge as supply concerns re-emerge, with Vale SA bringing on the industry's biggest project and holdings at China's ports at a record.

Seaborne supply is…

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