Original article by Mark Mulligan
The Australian Financial Review – Page: 33 : 18-Nov-15
The price of iron ore for delivery to the port of Qingdao in China has fallen by 0.83 per cent to $US47.74 per tonne. This is the steel input’s lowest level since early July, when it reached a low of $US44.59 per tonne. Analysts expect a further downturn in China’s demand for iron ore as its economic growth slows and infrastructure development winds down.
CORPORATES
UBS AG, LONDON METAL EXCHANGE LIMITED