CAPITAL MARKETS

New low for iron ore

AFTER a brief pause on Wednesday, the iron ore price resumed its downward trajectory overnight.

Kristie Batten
New low for iron ore

Metal Bulletin 62% iron ore fines dropped 1.4% or US56c to $38.52 per tonne, a new low in the history of the index. According to Metal Bulletin, it was a quiet day of trading. Gold was lower too, falling...

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