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Iron Ore: How It Impacts China, Brazil and Australia

Iron ore prices have tumbled by 58% over the past 12 months, far outpacing declines in other industrial metals. Copper prices, for instance, are down by only about 10% the past year (Figure 1), while aluminum and lead prices are down by just single ...

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BHP expects iron ore to decline further

Jimmy Wilson, the President of BHP Billiton iron ore , stated that, he cannot guarantee that the price of the iron ore will never reach 100 dollars again, there are possibilities of variations, but right now hundred seems to be a higher ...

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Iron ore levels drop to 5 year low amidst poor economic indicator in China

The price of iron ore at world’s biggest consumer China dropped to a new low on Tuesday, lasts seen nearly 5 years ago in 2009, reflecting increasing negative sentiment in global steel sector The most active iron ore contract on ...

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Decline in iron ore price agitates China’s economy

The future of iron ore prices will be decided to whether the demand from China will stay on the record or not. Either the price will stabilize or the price will tumble further. A portfolio manager of JP Morgan, James Sutton stated ...

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