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CommSec predicts 20% iron ore price rise: report

COMMONWEALTH Securities believes a 20% price hike for iron ore could be on the horizon thanks to massive demand in China the <I>Australian Financial Review</I> reported.

Brad Ricks
CommSec predicts 20% iron ore price rise: report

CommSec's 20% forecast is at the top end of expectations however it argued prices would be driven higher by the rapid growth in demand for iron ore by China as well as an expected reduction on the price...

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