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BHP says the pace of iron ore demand from China has slowed by more than half, which...
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Wednesday, September 19, 2012, 9:44 AM ETBHP says the pace of iron ore demand from China has slowed by more than half, which "doesn’t mean the boom has ended, but it does mean to expect that prices will grow or even stay at very high levels, you would do it at your own peril." Australia yesterday cut its iron ore price forecasts for this and next on concerns about a slowing Chinese economy.
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