Base Metals

The head of China’s largest iron ore customer told Australian Trade Minister Andrew Robb that the mining boom is not over and that demand for ore will remain strong, The Australian reported.

The head of China’s largest iron ore customer told Australian Trade Minister Andrew Robb that the mining boom is not over and that demand for ore will remain strong, The Australian reported.

He Wenbo, president of Baosteel, also told the minister he was pleased with tax changes proposed by the new coalition government.

As quoted in the market news:

Mr Robb, who met Mr He at the start of a three-day trip, said the Baosteel chief was pleased with the Coalition’s promise to roll back the carbon and mining taxes put in place by Labor. 

Read the full story in The Australian

 

 

Featured

MARKETS

Markets
TSX19699.05-138.20
TSXV667.25-33.65
DOW31730.30-103.81
S&P 5003930.08-5.10
NASD11370.96+6.73
ASX6941.00-123.70

COMMODITIES

Commodities
Gold1824.24+3.77
Silver20.82+0.02
Copper4.100.00
Palladium1940.50+7.50
Platinum954.50+7.50
Oil107.47+1.34
Heating Oil3.77+0.03
Natural Gas7.69-0.05

DOWNLOAD FREE REPORTS

×