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Accordingly, it's possible that while the bottom is in for RIO, the glory days of iron ore leaders like Rio Tinto could be over, in line with the expectations of China's weak property market.
Iron Ore Glory Days Seen Numbered as China Demand Rolls Over Citi says ‘steel demand is no longer going to be what it was’ Prices expected to decline to $55 a ton in coming five years ...
SYDNEY—Miners are encountering a new threat to their recovery from a deep downturn: China, which buys two-thirds of global iron-ore exports, is getting pickier about the kind of iron ore it wants.
Australian iron ore exports to China surged in the first half ... amid the need for more flexible trading in the early days of China’s economic recovery. But while Chinese demand for iron ...
Iron ore, a barometer for the Chinese economy and ... and India will see a drop in exports.