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Weak case for iron ore

THE iron ore spot price is heading towards $US60 per tonne and Wood Mackenzie says there is little hope of a pick-up in demand.

Kristie Batten
Weak case for iron ore

It comes as the iron ore price reached $61.20 per tonne overnight, a fresh six-year low and an all-time low for the Metal Bulletin Iron Ore 62% Qingdao index.   "It’s hard to believe, but 2015 has started...

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