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Iron ore continues freefall

THE iron ore price slumped by a further 5% overnight, while nickel hit a fresh six-year low.

Kristie Batten

The Metal Bulletin 62% iron ore fines price dropped another 5.4% or $US2.98 to $52.28 per tonne, its lowest price since April. The spot price has plummeted nearly 15% in a week. MB 58% fines dropped...

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