News Headline Summary

Fortescue Metal Group's (FMG AT) ECO has warned that a roaring rally in the iron ore price, where spot prices for the commodity have soared to a seven-month high and is unlikely to last, according to Australian Financial Review

Update details:

- His comments on iron ore price are similar to Rio Tinto's (RIO AT) head of iron ore unit.

Print 22:31, 02 Jan 2013 - Asian News - Source: Australian Financial Review