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Iron Ore Hits $100, Worst Weekly Decline; Can The Prices Go Lower?

Iron ore prices slip to $100 a tonne on cut in steel production, rise in iron ore inventories and the contagion concerns from China's Evergrande. Iron ore prices are 60% off it's all-time highs hit in 2021, but still above cost of production. We tell you the details and price expectations.

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