Iron ore prices fell further on Wednesday March 7 with a cargo of seaborne materials changing hands below $75 per tonne cfr China.China's ferrous futures tumbled across the board during the day, with the benchmark contracts shedding 0.5-2.4% of their values compared with the settlement prices on Tuesday.The country's spot rebar and hot-rolled coil prices also fell 20-50 yuan ($3.20-7.90) per tonne.
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