The Northern Miner
2014-10-01
Just this year, iron-ore prices are down an astonishing 40%.
Now plumbing depths of US$80 per tonne, iron-ore prices have fallen to five-year lows — levels not seen since September 2009, in the full sway of the Great Recession.
If you thought around mid-year that the iron-ore market couldn’t get any worse, September was a bit of a shocker.
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