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Bulk Buys: Iron ore prices rebound on China's white hot ...

Fears that any decline in steel mill profits in China may lead to downward pressure on iron ore prices are misplaced, as the two markets are quite different, some experts said. "Steel mill profitability is not linked directly to iron ore profitability," said iron ore market expert and Magnetite Mines (ASX:MGT) director, Mark Eames.