After one of the most prolonged booms in history, running for the best part of a quarter of a century, signs are emerging that Australia's great iron age is beginning to fade. Subscribe: http://ab.co/1svxLVE Read more here: https://bit.ly/3P31aLx
While there is disagreement over the speed and severity of the approaching trade winter, there is almost universal agreement that the troubling combination of increased supply of iron ore, sharply reduced demand and ongoing global political instability will see a reversal of fortune.
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While there is disagreement over the speed and severity of the approaching trade winter, there is almost universal agreement that the troubling combination of increased supply of iron ore, sharply reduced demand and ongoing global political instability will see a reversal of fortune.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
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