Financial Times – Iron ore outstrips gold as year’s best-performing major commodity

by Neil Hume, Natural Resources Editor Iron ore has outpaced gold to rank as the best-performing major commodity this year, as a rebounding China sucks in vast amounts of the key steelmaking ingredient from mines in Australia and Brazil. The price of the rust-coloured raw material has risen almost 21 per cent in 2020, just […]

Braemar Shipping Fights Back

Braemar Shipping BMS Half year figures to 31st august illustrate the savage decline which has hit the worldwide shipping market. A fall in revenue from £79.6m to £70.2m resulted in earnings per share falling from 13.3p to 0.4p and operating profit declining from £5.3m to £0.3m. Braemar however gives the definite impression that it is […]