Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two year lows. Iron is one of the world’s most important industrial metals, and is primarily used in the ...
Iron ore futures prices on China's Dalian Commodity Exchange have shown an upward trend, indicating a potential recovery in the market. China's economic conditions, including infrastructure ...
Fortescue is the world's fourth-largest iron ore exporter. Margins are well below industry leaders BHP and Rio Tinto, and some way behind Vale, meaning Fortescue sits in the highest half of the cost ...
Vale is the world's largest iron ore miner and a key supplier to the global steel industry. It is leveraged to Chinese raw materials demand, which we expect to slow as the country's infrastructure-led ...
Fortescue's FY 2024 was strong with a $5.66B net profit, but expect pricing pressure due to lower iron ore prices and higher capex this year. The company benefits from economies of scale, but faces ...
Not all commodities have been falling steeply under the weight of rising tariffs with iron ore riding out the storm. The major profit generator for five of the world’s biggest mining companies, BHP, ...
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
A state-backed trader few had heard of in 2022 is now rewriting global steel supply--and Wall Street is watching.