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SMH reported prices for iron ore are continuing to slide, with Fortescue Metals Group (ASX:FMG) warning of weaker prices in coming months.
SMH reported prices for iron ore are continuing to slide, with Fortescue Metals Group (ASX:FMG) warning of weaker prices in coming months.
As quoted in the market news,
The latest evidence of softening iron ore prices came amid an otherwise encouraging set of quarterly results, with Fortescue reporting cheaper and higher rates of production at its Pilbara mines.
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