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Why the Fortescue (ASX:FMG) share price is up 4% today

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The Fortescue Metals Group Limited (ASX: FMG) share price has scored a turnaround on Monday, bouncing 3.65% higher to $14.77.

Iron ore holding above US$120 a tonne

It was a quiet week for iron ore markets last week following China’s week-long…



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