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DewDiligence

08/02/19 9:41 AM

#19248 RE: biolover #19247

The spot price of seaborne iron ore, which is one of three* components in the formula CLF uses to price its pellets to blast-furnace steelmakers, declined sharply in the past two days.

*The other two components are the Atlantic Pellet Premium, and the US benchmark price of hot-rolled steel.