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Fortescue (ASX:FMG) share price tumbles in August, analysts see further declines in iron ore

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The sudden collapse of iron ore prices sent the Fortescue Metals Group Limited (ASX: FMG) share price into free fall, down almost 20% in August to a 5 month low of $20.02.

Iron ore prices have rapidly deteriorated from record highs of ~US$230/t to…



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