China’s slowing economy and tougher government anti-pollution efforts are taking a toll on its steel mills, rattling the world’s biggest producer of the alloy and flashing worries of a potential downturn in the global iron-ore trade.
BHP Billiton Ltd., the world’s biggest mining company, said demand for commodities will remain robust as China, its biggest customer, transitions to a consumption-led economy even as its growth moderates.
The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed yesterday. All prices are from yesterday’s close unless otherwise stated.