Iron ore reaches 12-month low

THE iron ore spot price resumed its downward trajectory overnight, while other metals were mixed.

Iron ore reaches 12-month low Iron ore reaches 12-month low Iron ore reaches 12-month low Iron ore reaches 12-month low Iron ore reaches 12-month low

The Metal Bulletin 62% iron ore fines price dropped by more than 2.7% to US$53.36 per tonne, the lowest price since June 24 last year.

The spot price has now lost 43.

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