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Thursday, 10/29/2015 8:43:46 AM

Thursday, October 29, 2015 8:43:46 AM

Post# of 91121
On Wednesday the benchmark 62% Fe import price including freight and insurance at the Chinese port of Tianjin declined 2.6% to $49.50 a tonne, the lowest since mid-July and down 11% in just two weeks according to data provided by The SteelIndex. In July, the steelmaking raw material on a spot price basis, fell to a record low of $44.10