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Aug 28 2020018332Iron as Investment Investing in iron is associated with investing in steel which has also been known to mankind for thousands of years Its just that for all those years the process of steelmaking was costly and difficult It was only in 1856 that Sir Henry Bessemer came up with a process that enabled massproduction of cheap steel
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Jul 14 2020018332Given that the biggest miners produce iron ore at a cash cost of around 13t that latest price implies a gross profit margin before accounting and other charges of close to 700
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