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Iron Ore Prices in China Set for 20% Decline in 2011

December 30, 2011

Iron ore prices in China, the world's biggest market, are headed for a 20 percent decline this year because of a government-mandated credit crunch as well as uncertainties about steel demand at home and overseas, and few analysts see them recovering soon. 

Source: http://www.cnbc.com/id/45823284?__source=RSS*tag*&par=RSS
 
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