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Iron ore price drops below $100 as worries over China demand grow

MINING.COM Staff Writer | May 24, 2023 | 9:12 am Markets China Iron Ore 

The iron ore price fell on Wednesday, languishing below $100 a tonne, as steel prices slumped in China. A weaker yuan added to the gloomy mood, with Shanghai rebar futures hitting their lowest in more than six months. Benchmark 62%...

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