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Iron ore back below $60/t

IRON ore took a hit overnight, while nickel rebounded from a six-year low.

Kristie Batten

The Metal Bulletin 62% iron ore fines price dropped 3.2% or $US1.94 to $59.35 per tonne, its biggest drop since May 19 and first time below $60/t since May 22. MB 58% fines fell 2.3% or $1.24 to $51.87/t....

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