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Iron ore miners on negative: S&P

STANDARD & Poor's has slashed its iron ore price forecasts and placed eight major global producer...

Kristie Batten

S&P dropped its 2015 price assumption from $US65 per tonne to $45/t, its 2016 outlook to $50/t from $65/t, and its 2017 forecast from $70/t to $55/t.   The current “severe” supply and demand imbalance...

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