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Iron ore price craters on Chinese steel output cuts – MINING.COM – MINING.com

Iron ore price drops 8% falling below $200 a tonne for the first time since April on Beijing’s efforts to curb industry emissions….

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Iron ore on China’s Dalian Commodity Exchange closed daytime trading 8.1% lower at 1,027 yuan ($158.95) a tonne, with its monthly loss of nearly 8% the steepest since February 2020.
Spot iron ore traded below $200 a tonne on Thursday for the first time…

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