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Dry Bulk International

Capesizes near $60,000 per day as miners adjust iron ore output

Major iron ore producers Vale and Rio Tinto are expecting slightly lower iron ore output and shipments this year, leading to softer daily capesize spot rates

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The market for the largest sized bulk carriers inched up after briefly dipping below $60,000 per day in the previous session on the Baltic Exchange

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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