CAPITAL MARKETS

Iron ore plunges below $63/t

IRON ore was at a new low, while other commodities rose strongly on Friday.

Kristie Batten

The Metal Bulletin Iron Ore 62% Qingdao China index dropped 1.7% or $US1.06 to $62.21 per tonne, its lowest point since the index began. Iron ore fell 12.7% in January and is likely to remain weak...

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