ASX heavyweights BHP and Rio Tinto fell heavily on overseas exchanges after iron ore suffered a second-straight -4%+ setback in China. A day after its biggest one-day drop in nearly two years, benchmark ore on the Dalian Commodity Exchange sank -4.37% to US$98.79 a metric ton.
Prices tumbled on Monday after weekend data showed factory activity contracting at the fastest pace in six months. BHP skidded more than -5% in US trade overnight. Rio dropped -4.63%.
ASX heavyweights BHP and Rio Tinto fell heavily on overseas...
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Mkt cap ! $183.7M | |||
| Open | High | Low | Value | Volume |
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