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Reuters reported spot iron ore prices fell to the lowest level in more than 2-1/2 years, weighed down by sluggish demand in top consumer China.
Reuters reported spot iron ore prices fell to the lowest level in more than 2-1/2 years, weighed down by sluggish demand in top consumer China.
As quoted in the market news:
Benchmark 62 percent-grade iron ore fell $1.30 from day ago to $114.90 per tonne on Wednesday, its lowest point since Dec. 29, 2009, according to data from The Steel Index.