Iron ore plummets

THE iron ore price slumped overnight to a seven-month low.

Iron ore plummets Iron ore plummets Iron ore plummets Iron ore plummets Iron ore plummets

MySteel 62% Australian iron ore fines lost 6.2% to US$83.05 per tonne, the lowest level since late January.

The price has lost 29.7% in just three weeks this month.

The 58% fines price was down 7.

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