Daily iron ore price update (more rail)

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Here is today’s iron ore price update with a big jump across the board (save rebar) after a malaise during the week:

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This is mainly due to the release of plans for another big infrastructure project in China – more from AFR:

Non-ferrous metals from copper to aluminium rose after China unveiled late on Wednesday a $US115 billion railway construction plan that would require massive amounts of wiring and rail track.

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