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Iron ore drops again in horror session for metals

THE iron ore spot price posted its sixth consecutive fall overnight as UBS became the latest inve...

Kristie Batten

Iron ore 62% fines dropped another 0.7% or US43c to $58.15 per tonne, a new low in the near six-year history of the Metal Bulletin index. It comes as Citi suggested the price could go as low as $50/t...

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