SUBSCRIBERS
Record Australian iron exports suggest drop in prices
Published Wed, Sep 7, 2016 · 09:50 PM
Singapore
IRON ore shipments from the world's largest bulk-export terminal in Australia swelled to a record, offering fresh evidence of strong supply and underpinning forecasts of lower prices through the year-end.
Exports from Port Hedland totalled 42.9 million tonnes in August from 38.7 million in July and 39.2 million a year earlier, data from the Pilbara Ports Authority showed on Wednesday. Cargoes to China were 35.4 million to…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil jumps, equities fall as Iran blasts fan Middle East fears
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates