Original article by Jasmine Ng
The Australian Financial Review – Page: Online : 23-Dec-15

The iron ore price recently rose above $US40 per tonne, after reaching a low of $US38.50 in early December 2015. However, Australia’s Department of Industry, Innovation & Science is bearish about the outlook for the steel input. It now expects the spot price of iron ore with 62 per cent content to average $US41.30 per metric ton in 2016, after previously forecasting an average price of $US51.20.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, METAL BULLETIN LIMITED, GOLDMAN SACHS AUSTRALIA GROUP HOLDINGS PTY LTD