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Spot Iron Ore Hits Lowest Price In Three Years

Base Metals

Reuters reported spot iron ore prices extended losses reaching the lowest price in three years.

Reuters reported spot iron ore prices extended losses reaching the lowest price in three years.

As quoted in the market news:

Iron ore prices have dropped 36 percent since early July, the hardest hit among industrial commodities by a slowdown in top buyer China whose economy is predicted to grow this year at its weakest pace in a decade.

Click here to read the full Reuters report.

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