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Iron ore price: China's weekend surprise could stop slump turning into rout

Frik Els | June 01, 2013 | 11:27 pm Top Companies Africa Australia Latin America Iron Ore 

Iron ore prices fell again on Friday bringing the week's losses for the commodity to 8.7%, the worst performance since October 2011. The benchmark import price of 62% iron ore fines at China's Tianjin port is now trading at $110.40...

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