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Macquarie lowers iron ore forecasts

MACQUARIE believes the iron ore spot price will fall below $US50 per tonne in the September quarter.

Kristie Batten
Macquarie lowers iron ore forecasts

Analysts forecast the iron ore price will average just $48/t in the September quarter.   Overall, it slashed its 2015 iron ore spot price outlook to just $54/t from $68/t, and its 2016 outlook to $58/t...

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