Iron ore daily price update (falls continue)
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by Chris Becker
Ouch. Compounding last night’s equity falls the iron ore/steel complex has rejoined the party after a very weak reprieve. Here’s the price table:

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Spot iron ore continues to fall, down another 1% to $78.60USD per tonne while 12 month swaps opened limit down and finished more than 2% down at $77. The spread has really tightened here:

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