Iron ore in a steel trap

Squeezed operating margins are putting iron ore stocks under renewed pressure.

A crisis is building in Australia’s iron ore industry, with rising costs and falling prices squeezing profit margins in what could become a longer-lasting repeat of last year’s price crash that triggered an investor rush for the exits.

Adam Carr pointed to the prospect of a broad commodities price rebound on Monday in his article Can commodities stage a comeback?, but this article is specifically focused on iron ore.

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