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Iron ore correction turning into a crash

Frik Els | January 16, 2013 | 8:31 pm Australia China Iron Ore 

The benchmark CFR import price of 62% iron ore fines at China's Tianjin fell $7.50 or just under 5% on Wednesday, continuing a sharp correction since hitting 15-month highs early January. On Monday iron ore was changing hands at $145.40...

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