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Chinese property shock pushes iron ore below 50 again

Prices of iron ore slid back on Wednesday and Thursday to go below USD 50 mark as the weak Chinese GDP numbers of 7% in Q1 clouded remote chance of general recovery. The dismal performance of property sector in China ...

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China’s reliance on imported iron ore to top 80% in 2015

China’s reliance on imported iron ore will exceed 80% in 2015 and iron ore prices will range between US$70-$130 per metric ton, writes the China Business Journal, citing a forecast issued by the China Metallurgical Industrial Planning and Research Institute. ...

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