BASE METALS

Iron price pain

WHILE the iron ore price has finished the 2016-17 financial year on a high, rising through the week to US$64.71 per tonne for 62% iron, there are concerns the price will fall back.

Noel Dyson
Producers of lower grade iron ore could take a price hit.

Producers of lower grade iron ore could take a price hit.

It is those producers of lower grade iron ore that are most at threat from this. Indeed, after lighting up in the early part of 2017 iron ore has been languishing in the past few months. While it has...

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