Assore shares fall, iron ore prices down

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IronOre Reuters.

Johannesburg - Shares of South African iron ore producer Assore slump after Shanghai rebar falls to a record trough on weakness in China's manufacturing sector, with iron ore futures also approaching their lowest level since they were launched last year.

Assore's share price is 4 percent lower at 327.46 rand, making it the biggest decliner on the Top-40 index, which is only 0.04 percent down. - Reuters

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