Vale SA, the world’s biggest iron- ore producer, said second-quarter profit slipped 84 percent after the global economic crisis curbed demand and prices for the steelmaking raw material. For full story, click here
Continue reading "Vale Profit slipped 84% as Iron Ore Price Slumped"
Tuesday, July 28, 2009
By Kishori Krishnan Exclusive To Iron Investing News Global commodity demand appears to be bouncing back. Miners, who had been savagely affected by the recession as customers slammed the brakes on spending and relied on the backlogs in their warehouses, are also reporting a pick-up. Steadily rising prices for key commodities such as copper and [...]
Continue reading "Demand Bouncing Back"
Friday, July 3, 2009
World number one steelmaker ArcelorMittal is suspending development of its Faleme iron ore project in Senegal as a result of the global economic slump. For full story, click here
Continue reading "Arcelor Mittal has suspended Senegal Iron Ore Project"
Thursday, May 14, 2009
ICAP Plc. has declared that it has launched a new brokering service for global iron ore derivatives, offering market participants the ability to offset risk exposure in the base metal. Paul Newman, Managing Director of ICAP Energy Ltd., stated: By combining ICAP’s voice brokering expertise with its global electronic footprint we are well placed to [...]
Continue reading "ICAP has launched iron ore derivatives brokerage"
Monday, May 11, 2009
Global iron ore trade, which is dominated by companies like BHP and Rio Tinto and Vale of Brazil, is poised to see radical new price trends in 2009, thanks to output cuts and volatile market conditions in the last few months. For full story, click here
Continue reading "New Trends have emerged in annual 2009 iron ore price contracts"
Monday, April 20, 2009
Global miners and steel firms are locked in annual talks to settle iron ore term prices for the year starting April 1st and analysts are lowering their price forecasts as a dwindling global economy is set to cut steel output sharply. For full story, click here
Continue reading "Iron ore price negotiations forecast revised down"
Wednesday, April 15, 2009
By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
Continue reading "Iron Market: Heading For A Glut?"
Wednesday, March 11, 2009
By Kishori Krishnan Exclusive To Iron Investing News The closure of major steel operations in the Hamilton area are set to reverberate around the economy, potentially affecting everyone from iron ore producers in Quebec and Labrador to coal companies in Western Canada. Pittsburgh-based United States Steel Corp. has said it will indefinitely idle operations at [...]
Continue reading "Iron price set to find its equilibrium"
Thursday, February 26, 2009
By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]
Continue reading "Uptick From China Bolsters Hope for Iron"
Thursday, August 14, 2008
By Melissa Pistilli – Exclusive to Iron Investing News On March 14 this year, the Government of India-owned mining firm National Mineral Development Corporation (NMDC) had issued a call for global partners to buy overseas mines. Mining giant Rio Tinto, also actively seeking to expand its iron ore resources, answered the call and both are set to [...]
Continue reading "Rio to sign deal with Indian mining major"
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
IronInvestingNews.com maintains a focus on Iron exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on iron trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Thursday, July 30, 2009