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Moody’s downgrades iron ore and FMG

April 17, 2015 - 00:36 -- Admin

From Moody’s: Moody‘s Investors Service has lowered its price sensitivities for iron ore and metallurgical (met) coal, the rating agency says in a new report. The changes come in response to slowing steel production in China and rampant oversupply, particularly of iron ore, which will keep prices low through at least next year. Moody‘s downside price sensitivities for

The post Moody’s downgrades iron ore and FMG appeared first on MacroBusiness.

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