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Falling price of iron ore threatens mining companies

December 17, 2015

The price of iron ore has fallen by 60% over the past 2 years. That's led to losses for mines and companies who manufacture mining equipment. Those who buy iron ore to make other products have profited from lower Prices.

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Video (streaming): Falling price of iron ore threatens mining companies

Video (streaming): Falling price of iron ore threatens mining companies

The price of iron ore has fallen by 60 percent over the past two years. That's led to losses for mines and companies who manufacture mining equipment. But those who buy iron ore to make other products have profited from lower prices.
December 17, 201502:30 min