SSE Composite Index Up 0.79%RIO LON Up 0.48%BLT Lon Down -...

SSE Composite Index Up 0.79%


RIO LON Up 0.48%
BLT Lon Down - 0.37%
AAL Lon Down - 0.48%
GLEN Lon Down - 0.10%


RIO NYSE UP 0.80%
BHP NYSE Up 0.80%
VALE NYSE UP 0.95%
CLF NYSE UP 1.37% Down -1.09% After Hours



Platts Spot Price 62%Fe Down 30cents now $94.30/dmt US


Platts Spot Price 62%Fe Down $1.01 now $100.95/dmt AUD


http://www.smh.com.au/business/markets/european-central-bank-moves-to-negative-interest-rates-20140605-39m7j.html



http://www.bloomberg.com/news/2014-06-05/iron-ore-plunge-seen-by-ex-vale-s-zhu-shuttering-chinese-miners.html


"Ore with 62 percent content delivered to Tianjin has lost 30 percent this year to $94.30 a ton, according to data compiled by The Steel Index Ltd. The price, which could
touch $80 in the second half as exports from Australia and Brazil increase, may average at $100 to $110 in 2014, Zhu said. Last year’s average was about $135, and it’s about
$115 so far this year. The benchmark hasn’t traded below $80 since 2009."