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Citi sees iron ore falling to $70/t by year-end

CITI has downgraded its iron ore price forecasts after China’s recent Communist Party Congress.

Kristie Batten
Citi sees iron ore falling to $70/t by year-end

The investment bank now expects iron ore to fall to US$70 per tonne before the end of the year, down from its previous three-month average of $95/t. Citi analysts also downgraded their forecast for...

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