Original article by Barry FitzGerald
The Australian – Page: 18 : 22-Sep-14
The spot price of iron ore fell by 1.6 per cent on 19 September 2014, closing at a new five-year low of $US81.70 per tonne. This compares with $US120 a tonne in mid-April. The Australian Bureau of Resources & Energy Economics expects the iron ore price to fall further, but anticipates that it will trade within a range of $US90 to $US95 per tonne in the next five years
CORPORATES
AUSTRALIA. DEPT OF INDUSTRY. BUREAU OF RESOURCES AND ENERGY ECONOMICS, STANDARD BANK LONDON LIMITED, THE STEEL INDEX LIMITED