Currently viewing Global edition

Iron ore prices hit danger zone

Iron ore, the engine-room of BHP and Rio Tinto, has entered a danger zone with the price poised to fall below US$100 a tonne for the first time since late last year.

Iron ore prices hit danger zone Iron ore prices hit danger zone Iron ore prices hit danger zone Iron ore prices hit danger zone Iron ore prices hit danger zone

 

Macquarie Bank on Wednesday tipped a fourth quarter price of $85/t in a report headlined "iron ore flashing red".