Here is the price update for the iron ore complex for 11 January 2016:
Spot and swaps continue to fall, taking back most of the gains made in the post Christmas rally, with swaps taking the biggest hit. Rebar is slipping now after a modest rally as it remains in terminal decline.
Lost over the turmoil in markets late last week is the news another junior miner is facing the wall. More from SMH where the Karara iron ore project is facing collapse with the loss of over 1000 jobs:
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