Arrium shares have jumped as it expects demand for iron ore to remain strong after reporting record iron ore sales in fiscal 2014 and swinging to a full-year profit, but warned earnings in its steel business will remain subject to margin pressure. At 10. 15am (AEST), Arrium shares rose 6. 62 per cent to 80. 5c, against a benchmark index lift of 0. 39 per cent.
Read more here: Business Spectator