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
-
General19 hours agoTop chess player Magnus Carlsen forced into draw in historic game against over 134,000 people
-
Business18 hours agoIs Warren Buffett’s Berkshire Hathaway the smartest investment you can make today?
-
General23 hours agoDeath of 86-year-old driver in Karoonda Highway crash prompts push for change
-
Noosa News22 hours agoStory Bridge documents released amid cover-up claims