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Iron ore fall rains on Fortescue's parade

A slowdown in China’s steel industry threatens to derail the benefits of production and efficiency improvements at Australia’s third biggest iron ore miner, Fortescue Metals Group.

Iron ore fall rains on Fortescue's parade Iron ore fall rains on Fortescue's parade Iron ore fall rains on Fortescue's parade Iron ore fall rains on Fortescue's parade Iron ore fall rains on Fortescue's parade

The reduced rate of steel production and falling profitability is being blamed by China's steel mills on the US versus China trade war which is starting to hit construction and manufacturing, two of