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Iron ore spot prices tumble

IN WHAT may be the clearest sign yet that the iron ore sector is facing a serious slowdown is new...

Kate Haycock
Iron ore spot prices tumble

Analysts at Macquarie said spot prices for 62% iron content fines are now being quoted at $US90 per tonne cost and freight to China, down from around $195/t in early 2008. The decline was partially...

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