Iron ore futures surrendered early gains to trade lower on Wednesday, as sentiment was spooked by resumed market talks of ...
Singapore iron ore futures rose on Tuesday, driven by expectations of increased demand as steelmakers in the northern region ...
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
(Bloomberg) -- The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.
(Bloomberg) -- Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for ...
Cleveland-Cliffs cited decreased domestic steel demand and the need to rebalance working capital as the main reasons behind ...
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