SYDNEY, April 13 (Reuters) - Australian miner Fortescue Metals Group (FMG) said it sees iron ore prices continuing to fall to between $60 and $65 a tonne as imports to China continue to rise.
"What we will see is the iron ore price return to somewhere around $60-$65 a tonne," Fortescue Chief Executive Nev Power told reporters.
The Metal Bulletin-quoted price dropped $6.34 on Wednesday to $68.04 per tonne, its biggest one-day percentage drop in 13 months .IO62-CNO=MB. .
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