Iron ore plunges to 10-month low, threatening ASX record high

April 1, 2024

“We think the drop has been very reasonable given how abnormal the price had remained before now,” he said. “We wouldn’t be surprised to see it go lower.”

Mr Sala Tenna said that while prices were unlikely to meaningfully hit low-cost Australian iron ore producers, other miners might be starting to feel the pinch.…

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