Original article by Business Spectator
The Australian – Page: Online : 9-Dec-15
The price of benchmark iron ore for immediate delivery to China’s port of Tianjin has fallen by 0.3 per cent to $US38.80 per tonne, compared with US38.90 previously. The iron ore price has fallen for eight consecutive trading sessions, while it has reached a fresh 10-year low in each of the last six trading sessions. Australian-listed iron ore producers were heavily sold down on 8 December 2015, and the bearish sentiment toward BHP Billiton and Rio Tinto has continued in overnight trading in London.
CORPORATES
PORT OF TIANJIN, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA, BC IRON LIMITED – ASX BCI, MOUNT GIBSON IRON LIMITED – ASX MGX, ATLAS IRON LIMITED – ASX AGO, CAPITAL ECONOMICS LIMITED, ANGLO AMERICAN PLC