Cleveland-Cliffs and Freeport-McMoRan Slump. Iron Ore Resumes Its Slide.

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Cleveland-Cliffs and Freeport-McMoRan Slump. Iron Ore Resumes Its Slide.

FEATURE Cleveland-Cliffs Freeport-McMoRan and other mining stocks slumped Monday as iron ore futures dropped to $100 a ton amid China’s continued move to curb steel production. Cleveland-Cliffs (ticker: CLF) dropped 10.