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The price of iron ore has fluctuated historically and is affected by factors beyond our control including steel inventories international demand for raw materials used in steel production rates of global economic growth especially construction and infrastructure activity that requires significant amounts of steel recession or reduced economic activity in the United States China India Europe and other
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Fidata Corp FID and its subsidiary Fidata Trust Company New York FTCNY announced that they have reached a preliminary settlement agreement in principle in the lawsuits filed by major parties arising out of the ESM Government Securities Inc bankruptcy
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The report predicts annual world seaborne iron ore imports of 2677 mln tonnes by 2000 versus 3124 mln tonnes in 1985 It estimates that total bulk shipping demand from the iron ore sector will fall by almost 10 pct or 200 billion tonne miles with shipping demand associated with the coking trade down about 17 pct or 130 billion tonne miles
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The Brazilian Coffee Institute IBC plans to sell in a series of auctions over the next few weeks robusta coffee purchased in London last year but details of where and when auctions will take place are still to be finalised IBC president Jorio Dauster told reporters
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Changes allow for business incentives that include security of tenure the right to sell minerals equipment and machinery''s preferential duty and tax provisions a 2–8 production royalty a
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