Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP
Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP
Commodities
Business /  Commodities

Australia's Fortescue Metals scraps US$2.5b bond issue

Iron ore miner pulls refinancing deal as anxiety mounts over weak demand growth in China and oversupply, sending shares to six-year lows

Topic |   Commodities
Reuters
Reuters

Updated: 3:57pm, 17 Apr, 2015

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Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP
Big iron ore producers are raising output, while China, the world's biggest user, has set its economic growth target at a 15-year low. Photo: AFP
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