Iron Ore Rebound Seen by Morgan Stanley as Vale Sees $100 – by Jake Lloyd-Smith (Bloomberg News – September 15, 2014)

http://www.bloomberg.com/ Iron ore is heading for an end-of-year rally as some high-cost supplies are closed and steel demand picks up, according to Morgan Stanley, which said prices may first extend losses by a few more dollars before rebounding. The steel-making raw material will drop into the $70s-a-ton range in the near term, then rally toward […]

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