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Replies to post #6674 on The Rising Influence of Rising Affluence

Replies to #6674 on The Rising Influence of Rising Affluence
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DewDiligence

03/11/13 12:01 PM

#6676 RE: Biowatch #6674

The quiz in #msg-85508445 is not about the price of iron ore per se, but rather about the quality premium for ore with >62% Fe content. The supply/demand dynamics for iron ore per se do not dictate the magnitude of the quality premium for ore with >62% Fe.