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Iron ore spreads closing, says FMG

A week is a long time in iron ore it seems

Kristie Batten
FMG's Herb Elliott port facility in Western Australia's north

FMG's Herb Elliott port facility in Western Australia's north

The MySteel 62% Australian iron ore fines price fell below US$70 per tonne on Friday and has continued to decline this week to around $65/t. It traded as high as $76/t a little over a month ago. FMG...

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