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Iron ore market shifts to pricing lump on indexlinked basis By Keith Tan, Celestyn Wong and Melvin Yeo in Singapore April 30, 2014 Four years after a revolution that saw iron ore fines being priced off published spot price indexes, lump ore is now taking the same route and moving away from prices negotiated quarterly.
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Premiums for iron ore lumps and pellets continued to surge to record highs on Friday September 8 despite a continual drop in the prices for fines.
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