Good morning, The Australian Securities & Investments Commission was among the regulators that received multiple warnings in 2020 and 2021 about problems with the ASX’s key technology overhaul project, including its scalability and governance, sources say. Iron ore prices have dropped to a 21-month low after China’s largest steelmaker put the industry on edge by saying the sector faced a crisis more acute than the downturns of 2008 and 2015. And GFG Alliance has cut about 50 jobs at its embattled Whyalla steelworks as rumours mount of late payments from Sanjeev Gupta’s global conglomerate. |