Feb 03, 2011· Expect Spike In Coal, Iron Ore,Copper Stocks Due To Australian Cyclone, Floods. Queensland reputed to produce 5% of the world's coking coal supplies. Cyclone Yasi already has pushed the price of sugar to a 30 year peak in New York, and rice prices are skyrocketing as well due to tropical rains in Asia recently.
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Apr 02, 2019· The price of steelmaking ingredient iron ore has risen to almost 90 a tonne after BHP Group followed rival Rio Tinto and cut production forecasts after a tropical storm battered the coast of ...
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Apr 18, 2019· Fortescue Metals Group (FMG) is the latest mining company to have its iron ore output hit by Tropical Cyclone Veronica, although the impact on profits is likely to be offset by higher iron ore prices.
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