CAPITAL MARKETS

Iron ore falls back

AFTER strong gains over eight of the past 10 trading days, the iron ore spot price rally paused overnight.

Kristie Batten

Metal Bulletin 62% fines dropped 4.6% or $US2.75 to $57.13 per tonne, still 21.3% higher than its April 2 low of $47.08/t. MB 58% fines dropped 3.3% or $1.67 to $48.78/t after a huge gain on Tuesday....

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