By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Continue reading "Expanding Iron Ore Supply Weighs on Price"
Wednesday, September 21, 2011
Bloomberg reported returns for capesize ships that haul iron ore and coal advanced for a second session, with increased demand from Japan.
Continue reading "Iron Ore Ship Rents Climb on Port Congestion, Japan Steel Demand"
Thursday, September 4, 2008
By Melissa Pistilli – Exclusive to Iron Investing News The China Iron & Steel Association‘s monthly report for July shows that domestic steel demand is wilting in the scorching summer heat, heavy rainfall in the South and the recently-concluded Olympic Games. Increasing amounts of steel inventory has weakened iron ore demand causing the price of iron [...]
Continue reading "Chinese Economy: Post-Olympic recovery"
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.
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Wednesday, September 28, 2011