Business
Iron ore extends rout on weakening China demand outlook – The Australian Financial Review
Iron ore plunged, accelerating a retreat from its May record high, as Chinese steel prices dove amid a weakening outlook.
The most traded iron ore futures on the Dalian Commodity Exchange, for January delivery, closed down 7.2 per cent to 763 yuan ($US117.44) per tonne, after plunging to 8 per cent earlier during the session.
Steel prices on the Shanghai Futures Exchange also…
Continue Reading
-
General15 hours agoAustralian celebrity chef Peter Russell-Clarke dies aged 89
-
Business20 hours agoThese ASX 200 shares could rise 55% to 65%
-
Noosa News22 hours agoBarn-owl project reducing farmers’ reliance on poison to manage rats and mice
-
Noosa News19 hours agoSouth-west Queensland highway closed after truck carrying oxygen cylinders catches fire