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Imported iron ore margin narrows to 1.03 yuan/mt as port prices slump

Imported iron ore margin narrows to 1.03 yuan/mt as port prices slump

The average imported iron ore margin has narrowed to 1.03 yuan/mt due to a sharp fall in port spot prices. Total iron ore stocks at 10 ports have decreased by 490,000 mt from the previous survey.

The article does not mention any direct impact on seafarers.

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