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AK Steel (AKS) Stock Sliding as Iron Ore Prices Fall

2015-07-07 19:13:13| Steel - Topix.net

Iron ore prices were slipping by 5.12% to $49.60 a dry metric tonne, according to a price index compiled by Metal Bulletin. The index fell below the $50 level for the first time since April 16. The index is down for the ninth straight session, marking the longest losing streak seen since last August, Business Insider reports.

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