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Sun sets on the west's iron ore boom years

Jobs are going, perks are getting trimmed, mines are closing the sun is setting on the west's great iron ore boom.

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Forecaster says iron ore could fall into $US20s in 2016 .

Iron ore may be in for a roller-coaster ride next year as prices sink into the $US20s and then rally to end higher, according to Capital Economics.

Iron Ore Prices Expected To Continue Slide Morgan Stanley .

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Iron ore will extend its slide on rising supplies from the world's largest miners, weak China demand and a stronger US dollar.

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BHP Billiton, the world's third-largest iron ore producer, sold last Thursday its first Newman.

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