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Citi cuts iron ore forecasts

CITI Research has further reduced its 2015-16 price forecasts, but has acknowledged that Australi...

Kristie Batten
Citi cuts iron ore forecasts

Already the most bearish on iron ore, Citi has reduced its 2015 forecast to $US58 per tonne from $65/t previously, and its 2016 forecast to $62/t from $65/t.   It now expects iron ore to average $66/t...

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