Sentences with phrase «price of iron ore»
According to BHP's Financial Reports last financial year the global price of iron ore averaged US$ 44 per tonne.
businessnews.com.au
Before the unexpected (and perhaps unsustainable) rise in the price of iron ore, a more interesting trend was developing in the mineral that could put a spring under one of Western Australia's most he
Cliffs will always be a one - trick pony that will wax and wane with the price of iron ore, but it is much better positioned to handle those market swings and has immense potential should we see even a modest uptick in iron ore prices.
Over the past six months, the prices of most commodities have increased, although it is the prices of iron ore and coking coal that have risen particularly strongly.
Today it is worth about 22,000 flat - screen TV sets — partly due to TV prices falling but more due to the price of iron ore rising by a factor of six.
Despite sizeable falls in the Australian dollar and the price of iron ore, JP Morgan expects Australian steel to remain under pressure in 2015 due to oversupply and lacklustre demand.
Since the price of iron ore dropped to a low of less than $ US90 a tonne last September, prices rebounded strongly reaching a level of around $ US150 a tonne earlier this week, albeit in an environment of continuing volatility.»
However, you have to ask yourself where you think the price of iron ore is heading?