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 Address to refer: https://www.researchchannel.co.za/article/chinas-iron-ore-discounts-hit-fortescue-revenue-profit-falls-sharply-2018-02-21
 Article Headline: China’s iron-ore discounts hit Fortescue revenue, profit falls sharply
 Abstract: Chinese steelmakers’ demand for better-quality ore has had a significant impact on Australian miner Fortescue Metals’ half-year financial performance, with revenue contracting by 18% and net profit falling sharply, sending shares down about 4% on Wednesday. Australia’s third major iron-ore producer reported revenue of $3.68-billion in the six months ended December 2017, compared with $4.49-billion in the same period of 2018, as blast furnaces in China turn to higher iron content ores to reduce emissions.
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