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Why the Fortescue (ASX:FMG) share price is down 8% today

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The Fortescue Metals Group Limited (ASX: FMG) share price is cratering amid plunging iron ore prices and weakening Chinese demand.

Shares in the iron ore giant continue to fall on Friday, down 8.29% at $15.82 in early trading.

Fortescue share…



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