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Mining Weekly reported iron-ore prices would be under downward pressure in 2012, as additional supply entered the market and global demand growth weakened.
Mining Weekly reported iron-ore prices would be under downward pressure in 2012, as additional supply entered the market and global demand growth weakened.
As quoted in the market news,
The iron-ore spot price, at around $173/t, has declined 11% from the record high of $192/t reached in February.
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