Another ‘tough day' for mining sector as market slumps on Thursday
Sky News Business Reporter Edward Boyd says the mining sector experienced 'another tough day' due to a continued slide in the iron ore price.
'The commodity is falling due to weaker than expected steel demand in China, which is obviously the world's largest consumer of iron ore,' Mr Boyd said.
'The utilities sector was weaker today too, along with tech stocks.'
The ASX 200 finished down 0.09 per cent on Thursday.
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