Both RIO and BHP up about 1% overseas which is a nice change, although on a relative performance basis, this just seems to be in line with the ASX following Tuesday bounce and Wednesday decline - so probably a flat open.
Not precisely, but effectively IO is at a 6 month low so hopefully some support now... If the rate of this decline persisted, the entire IO bull run will be erased in about 2 weeks... All from that incredible high just weeks ago, stunning and shocking turnaround.
Iron ore price, page-32270
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