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Iron-ore prices back at 4-1/2 yr lows on demand, policy worries

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IRON-ORE
Iron ore prices slid back to 4-1/2 year lows on Monday while Chinese rebar futures fell, both hit by concerns over weak demand and that China may end a tax rebate for some steel exports. Benchmark 62% grade iron-ore for immediate delivery to China fell 2.2% to $68/t, according to data from the Steel Index.
 
 
 
 
 

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