Original article by Matt Chambers
The Australian – Page: 22 : 2-Aug-17

The price of iron ore for delivery to ports in China has risen to its highest level since early April 2017. However, the share prices of Australia’s three largest iron ore producers have not benefited significantly from the rise in the price of the steel input. Market observers have differing views on the reasons for the rise in the iron price, while Vale CEO Fabio Schvartsman expects it to remain at around the current level in the near-term.

CORPORATES
VALE SA, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, DOW JONES NEWSWIRES, REUTERS HOLDINGS PLC, DALIAN COMMODITY EXCHANGE, PLATTS, THE STEEL INDEX LIMITED