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Reuters reported iron ore prices continued to fall on slow steel demand in China.
Reuters reported iron ore prices continued to fall on slow steel demand in China.
As quoted in the market news:
The weakness in the steel market continued to weigh on iron ore prices, with the benchmark 62-percent grade ore falling more than 1 percent to $137.60 a tonne on Friday, the lowest since Feb. 22, based on data from Steel Index.