Thursday, January 22, 2015

Iron-Ore Slump Snags Arrium

Arrium Ltd. has been forced to close one its two mines, slash 580 jobs and will book a 1.34 billion Australian dollar writedown, as the price of iron ore languishes at more-than-five-year lows.



from WSJ.com: US Business http://ift.tt/1JquY8i

via IFTTT

No comments:

Post a Comment