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Iron ore price spirals to 8-month low; traders draw 2008 comparisons

Frik Els | July 19, 2012 | 6:23 pm China Iron Ore 

Iron ore prices fell for a seventh straight session on Thursday, dropping to an eight-month low as demand from Chinese steelmakers struggling with rapidly rising inventories dry up. The benchmark import price of 62% iron ore fines at China's Tianjin...

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