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Fresh low for iron ore

THE iron ore spot price fell below $US84 a tonne on Friday, a new five-year low.

Kristie Batten

The TSI spot price for 62% fines fell to $83.60/t, continuing its September freefall. Gold, which has also dropped this month, gained 0.3% to $1270.60 an ounce, bouncing back from three-month lows....

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