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Iron ore drops 5%

THE iron ore price has slumped 5% overnight, marking an 8% drop since last week, amid analyst pre...

Kristie Batten

After reaching a peak of $US158.30 on January 8, the iron ore spot price (62% fines CFR) has been slipping. Overnight, the price dropped from $152.90/t to $145.40/t. Only yesterday, National Australia...

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