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Iron ore price at near 4-month low on interest rate, demand concerns

MINING.COM Staff Writer | May 10, 2022 | 9:09 am Markets News China Iron Ore 

The iron ore price dropped nearly 7% on Tuesday, fuelled by concerns about higher interest rates and still-stagnant demand from China. The US Federal Reserve approved a half-a-point interest rate hike last week, and said it could stick to that...

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