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Steep falls in iron ore forecast

Australian government department expects iron ore to average less than US$50/t for the next two y...

Kristie Batten

The price forecast for next year has been revised down from $51/t to $48/t, and to $47/t in 2019. The average price for this year was also lowered to $62/t from $65/t, with an average price of $55/t...

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