China Orders Ban of BHP Iron Ore Imports
Commodities giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) opened October with news that state-run iron ore buyer China Mineral Resources Group (CMRG) has placed a purchase halt on its products. According to several local media outlets, the move which has raised concern in Australia, stems from pricing disputes. Some analysts, including those at RBC Capital Markets, see the decision…