Iron Ore Prices Hit Lowest Since December 2009

Base Metals Investing

Reuters reported spot iron ore prices hit their lowest point since December 2009.

Reuters reported spot iron ore prices hit their lowest point since December 2009.

As quoted in the market news:

Spot iron ore prices hit their lowest since December 2009 and moved closer to $100 a tonne, as Chinese steel mills shunned contracted shipments on expectations that prices of the raw material could fall some more.

Click here to read the full Reuters report.

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