SHANGHAI, Sept. 25 (SMM) – Prices for iron ore (Fe 62%) have fallen to the lowest since early July at $ 60/tonne.
Prices for iron ore (Fe 58%) touched the lowest since mid-June at $ 30/tonne.
The price gap between these two types of ore expanded steadily over the past 18 months.
Citigroup expects the price gap to grow further.
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