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It's reported that the spot iron ore prices have dropped recently.At present, the selling prices of Indian iron ore fines contain 63.5% Fe to China are at US$139.25~US$140.25/ton CFR, falling by US$3/ton from the previous selling prices of US$142.25~US$143.25/ton CFR.Industry sources pointed out that the decreased steel prices in China caused the spot iron ore prices drop.