RE:RE:RE:Iron ore price.Nervous nellies are people who are nervous for no reason lol. Prices are in free fall, suffering the largest one-day percentage decline in over a year on Wednesday. According to Metal Bulletin, the spot price for benchmark 62% fines plummeted 8.5% to $68.04 a tonne, leaving it at the lowest level since November 7 last year. It was the largest percentage decline since March 9, 2016. Underlining just how severe the sell-off has been in recent days, the benchmark price has now fallen 16.6% in just five sessions, extending the decline from the multi-year high of $94.86 a tonne on February 21 to 28.3%.