Rio Tinto Benefits as iron Ore Prices Hit Nine Year High

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  • #25287
    Corporal
    Participant

    Iron ore prices have continued to rise sharply…

    [article]2313[/article]

    #27093
    TradersCom
    Keymaster

    [size=5]S&P/ASX200 near unchanged for the week overall BUT iron ore stocks crushed

    [color=red][b]Iron ore extended its recent slide, -8.1% Friday to $US107.21/ tonne.
    Fortescue led the declines losing 11.5% and earning a downgrade from UBS, Rio Tinto -4.7 BHP -3.4%.[/b][/color][/size]

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