‘Massive moves’ on the market as iron ore prices plunge
over 2 years in news
Sky News Business Editor Ross Greenwood says there have been “massive moves” on the market, due to a “big fall” in iron ore prices.
“Iron ore prices have almost halved in the last little while,” Mr Greenwood told Sky News host Chris Kenny.
Iron ore prices slipped to $103 USD a ton at one stage, which “really did take the guts out of” companies like Fortescue, Rio Tinto and BHP.
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