China's credit crisis could spell 2012-like iron ore price collapse

About 40% of the 100m tonnes of iron ore at China’s ports have been put up by steel traders as collateral for loans. Loans banks are now calling in. The price of iron ore weakened on Friday $122.40 a tonne...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now