Iron Ore Succumbs to Bear Market and May Extend Slump Into $50s

Last week, Australia’s central bank predicted weaker iron prices ... according to Ian Roper, head of Shanghai Metals Market’s international division. It makes for a “risky picture” for prices given ore supply is always seasonally stronger in ... ( read original story ...)

ANZ swaps buyer in $1.4 bln Shanghai bank sale; Baosteel in

SYDNEY/BEIJING, Sept 18 (Reuters) - Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development ... ( read original story ...)

ANZ swaps buyer in $1.4 billion Shanghai bank sale; Baosteel in

SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)