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Cliffs profit falls as iron ore shipments drop

Reuters | April 24, 2013 | 8:58 pm Iron Ore 

Cliffs Natural Resources Inc, an S&P 500-listed iron ore and metallurgical coal miner, reported a drop in quarterly profit on Wednesday as lower iron ore sales weighed on its revenue.

The company’s net income was $97.1 million or 66 cents a share, down…

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