Monday, December 28, 2009

Iron Ore Pellet Manufacturing Down Significantly

(AP) According to Bob Wagstrom, an Engineering Specialist with the Minnesota Department of Revenue, Minnesota's taconite mines have mirrored the economic down-turn that's been hitting the national steel industry. Wagstrom predicts that the year will end with 17 million tons of iron ore pellets produced--that's down significantly from the 39 million tons produced in 2008.

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