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Reuters reportedsellers of foreign iron ore cargoes to China slashed prices a further $3-$4 a tonne on Tuesday.
Reuters reportedsellers of foreign iron ore cargoes to China slashed prices a further $3-$4 a tonne on Tuesday.
As quoted in the market news:
That followed a nearly 4 percent drop in the price of benchmark 62-percent iron ore IODBZ00-PLT to $97.50 per tonne on Monday, the lowest since November 2009, based on data from information provider Platts.
