Business
Iron ore’s incredible rebound could be short-lived – The Australian Financial Review
Iron ore is back above $US135 a tonne, but the factors that drove it into a bear market are still raging in the background.
But beyond the short-term bounce, the fundamental drivers of longer-term demand appear to be weak still.
Demand is being impacted by power cuts in manufacturing and the property slowdown, so wed still not have much conviction there, said Mr Shaw.
Property…
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