ASX falls 0.2pc as iron ore price rockets higher
ASX falls 0.2pc as iron ore price rockets higher Apr 27, 2021 – 4.48pm Share The S&P/ASX 200 closed 0.17 per cent or 11.8 points lower at 7033.8 points on Tuesday as a record iron ore price and gains among the miners failed to offset losses across the technology, healthcare, and industrials sectors. The benchmark iron ore spot price rose 3.9 per cent to $US193.93 a tonne, its highest since 2011 and just 1 per cent off a new record high, data from Fastmarkets MB shows The record-breaking rally in the steel-making ingredient helped lift BHP Billiton, Rio Tinto, and Fortescue Metals between 0....
Source: afr.com