Business
Iron ore price falls to lowest in 18 months on dismal demand outlook – MINING.COM – MINING.com
China’s monthly steel production has been falling since July after seeing double-digit growth in the first half of the year.
According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $87.27 a tonne, down 4% from Wednesdays closing, the lowest since May 2020.
“The price of iron ore has not yet bottomed out,” analysts at Zhongzhou…
Continue Reading
-
Noosa News10 hours agoFamily pleads for help after 17-year-old Pheobe Bishop disappears in Bundaberg before flight
-
Noosa News20 hours agoStore-bought bee hotels doing more harm than good for native species
-
Noosa News13 hours ago‘They’re not taking the concerns of women seriously’
-
Business14 hours agoDividends from ASX 200 bank shares ‘looking very stretched’: expert