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Iron ore prices crash

IRON ore producers are in for another tough session today after the spot price plummeted overnight.

Kristie Batten

Tianjin CFR 62% fines slumped 8.3%, or $US9.50, to $105.70 per tonne - the lowest point since October 2012, when prices were recovering from a similar plunge. According to Bloomberg, it was iron ore’s...

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