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Iron ore slump continues

THE iron ore spot price lost a further 4.1% on Friday night and was down around 12.9% for the month.

Kristie Batten

Iron ore lost a further $US3.90 to $91.80 in Singapore on Friday, a fresh 21-month low. Its September 2012 low was $86.70/t. Bloomberg quoted Fortescue Metals Group chairman Andrew Forrest as telling...

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