Markets

The price of iron ore has halved since a peak in May and will decline by a further 27 per cent to $US85 per tonne by the fourth quarter of next year as China limits […]

Bank of America’s outlook for iron ore is bleak, reflecting in part China’s “heavy hand” in reorganising commodity-intensive parts of its economy, with the slowdown and lack of stimulus in the property sector an immediate […]

The relentless pace of iron ore’s collapse has strategists at a loss as to when producers might see a reprieve, as prices extended their fall below $US100 a tonne on Monday, inflicting further pain on […]

China’s accelerating efforts to cut steel production, combined with signs of a pick-up in global iron ore supply, have dragged the spot price of Australia’s number one export to its lowest level in seven months. […]

A sharp fall for the greenback triggered by COVID-19 outbreaks and softer than expected jobs growth has sparked a rally in the local currency, which is sitting at its highest level since mid-July ahead of […]