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29
Dec
2017
Shippers benefit as China laps up Brazilian iron-oreBy:IRON-ORE US dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron-ore from Brazil and Australia.
To combat severe winter smog, China has slashed iron-ore output, pushing steel mills in the world's second biggest economy to import more high-grade ore.
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