Iron Ore Shipping Rates Fall
Iron – Bloomberg reports that rates to ship iron ore fell for a ninth day on speculation Chinese steelmakers will cut back from record-high production as prices fall.
Articles Tagged "iron ore prices"
Iron Ore in Bear Market
Iron – Iron ore has officially entered bear market territory says Motley Fool, quoting Bloomberg.
Iron Ore Prices Stabilizing on Chinese Steel Demand
Iron – Strengthening demand in the Chinese steelmaking sector is shoring up the price of iron ore, according to recent media reports.
Vale SA Says Iron Ore to Stay in $110-$160 Range Due to China Demand
Iron – Reuters reported that according to Vale SA, the iron ore market is doing quite well and due to high demand from China, the price of this steelmaking ingredient will not go below $110 per ton.
BHP Says Iron Ore Prices Will Decline in Coming Years
Iron – Reuters reported that BHP Billiton said the prices of iron ore will decline over the next few years as major iron ore companies have plans to boost production by 2015 and demand from China weakens.
Deutsche Bank Says Iron Ore to Trade at $130-$140/DMT CFR Until Summer
Iron – Platts reported that analysts from Deutsche Bank said on Tuesday that iron ore prices may remain steady around the $130-$140/dmt on improved steel demand from China.
China Rains on Iron Ore’s Parade
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.
Vale Forecasts Iron Ore Prices to Rise Above $110 This Year
Iron – Reuters reported that Brazil’s Vale SA, which is the biggest iron ore producer in the world, sees the price of the metal to rise above $110 a ton this year on China’s strong demand.
Iron Ore Prices Sink, Australia Shares Fall
Iron – Reuters reported that Australian shares suffer biggest fall in 8 days as miners are hit hard by the sinking prices of iron ore on a surprisingly strong jobs data.
Iron Ore Reaches Peak After Restocking Rally: Morgan Stanley
Iron – Bloomberg reported that according to Morgan Stanley, iron ore will decline over the rest of 2013 as supply increases and rally triggered by China restocking ends.
