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Bloomberg article: UBS Sees Iron Ore Plunging 54% to Lowest Since ’09 on Supplies

Eamonn Sheridan
27/02/2013 | 01:02 GMT

An article from Bloomberg quotes UBS analysis that sees the price of iron ore falling from $130 and $160 through June to $70 a ton by the end of September as China boosts production and global supply climbs.

UBS Sees Iron Ore Plunging 54% to Lowest Since ’09 on Supplies

Also here: Iron ore to dive to $US70 a tonne: UBS

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