Iron Ore Drops Below $US65

Australian Mining reported that Just the price of iron ore has fallen below $US65 per tonne.

As quoted in the market news,

The price of iron ore has had a tumultuous year which saw the price drop to an all-time low of $US46 per tonne in April.

At $US64 per tonne, the price is around 30 per cent lower than it was at the same time last year

Click here for the full Australian Mining report