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Iron ore price: It's all about grade now


Iron ore is down 30 per cent this year and after a relatively quiet 2013, market volatility is back with a vengeance. The market was jolted in March of this year, when iron ore suffered the worst one-day decline since the 2008-2009 financial crisis, cratering 8.3 per cent in a single session. The recovery from there was swift, but two months later the market was back in panic mode with a quick decline to double digits. more

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