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Stock impact report

Iron Ore Slumps Toward $100 as China's Latest Fix Disappoints [Yahoo! Finance]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan but stopped short of measures to directly boost domestic demand, including the beleaguered property sector. The steel-making staple has retreated by more than a quarter this year, hurt by China's property slump and signs that miners are boosting production. With mills in the top producer struggling to sell steel domestically given the weak demand, exports of the alloy surged to the highest level since 2015 last month. Port holdings of iron ore in China have expanded for the past four weeks to the highest level since early September. On a seasonal basis, the inventories are at the Show less Read more
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