The RIO result was interesting in light of the Chinese Iron import figures that were released today

James Marlay

Livewire Markets

The RIO result was interesting in light of the Chinese Iron import figures that were released today. The 17% month on month spike in iron imports was not reflected in exports from Australia's iron ore producing hubs and caught analysts by surprise. Steady demand for iron ore is expected in the second half as steel mills continue to de-stock and margins remain steady. A good summary here on reuters (VIEW LINK)


2 topics

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.