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Iron ore sharply lower

IRON ore fell heavily for a second day, while a surge in the oil price supported base metals.

Kristie Batten
Iron ore sharply lower

The Metal Bulletin 62% iron ore fines price fell by nearly 6.8% or $US4.21 to $72.08 per tonne. The spot price spent just one day over $80/t earlier this week but has been driven lower by China’s plans...

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