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Iron ore prices plunge to six-year lows on impact from China market meltdown
Published Thu, Jul 9, 2015 · 09:50 PM
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Sydney
IRON ore prices plunged to fresh six-year lows on Thursday as contagion from China's stock market rout hurt commodity markets, with resource-heavy economies like Australia bearing the brunt.
The spot price of iron ore took its biggest one-day hit ever overnight, falling 10 per cent to US$44.59 a t…
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