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Tag Archives: Iron ore plunge weakening BHP and Fortescue – Standard & Poor’s

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Iron ore plunge weakening BHP and Fortescue – Standard & Poor’s

Standard & Poor’s said that plunging iron ore prices will probably weaken BHP Billiton Limited’s credit metrics and hurt profits at Fortescue Metals Group Limited. S&P said that the lower iron ore prices would likely cause BHP Billiton’s credit metrics ...

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