Iron – Weaker-than-expected construction activity and new curbs on home buying are raising concerns about iron ore's recent run and are prompting some analysts to lower their price forecasts.
Articles Tagged "iron investing"
The Commodity Investor explains why staying away from major iron ore companies — like Rio Tinto, BHP Billiton and Vale — is a good bet.
Iron – Mining Weekly reported a new Roskill report predicts that while its likely iron ore will remain volatile.
Iron – Bloomberg reported Posco (NYSE:PKX) may buy a stake in ArcelorMittal Mines Canada Inc. (NYSE:MT) after canceling a bid for Arrium Ltd. (ASX:ARI).
Iron – Reuters reported BHP Billiton (NYSE:BHP) says it will expand its iron ore production by a fifth in the next year.
Iron – Bloomberg reported Anglo American Plc (LSE:AAL)’s Kumba iron ore unit said profit will drop at least 20 percent this year on lower prices and strikes in South Africa.
Iron – Reuters reported China's Wuhan Iron & Steel Co Ltd no longer has a contract to build a 5-million-tonne-a-year steel mill in Rio de Janerio.