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Iron ore falls below $62/t

THE iron ore spot price is continuing to show weakness, falling below $US62 per tonne.

Kristie Batten

The Metal Bulletin Iron Ore 62% Qingdao China index fell $1.50 or 94c to $61.64/t, the lowest in its history. Iron ore 58% fines dropped to $51.15/t. ANZ Research is not expecting any sort of rebound...

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