Iron ore price reverses to losses as weakening China steel consumption drags
Apparent consumption of five major steel products slipped by 2.1% week-on-week.
CASHED-UP Rio Tinto is expected to post a first-half net profit of more than $US8 billion ($A7.3 billion), driven by prices of iron ore, aluminium and copper. The earnings season gets into full swing tomorrow when the miner reports, with consensus among
