Iron ore price firm after BHP confirms lower exports – Financial Times

Price surge of steelmaking ingredient has created a huge cash windfall for big producers The price of iron ore remained above $120 a tonne on Wednesday after BHP Group, one of the world’s biggest suppliers of the steelmaking ingredient, revealed annual exports had declined for the first time this century. In a trading update, the […]

Iron Ore Is On A Hot Roll – Seeking Alpha

Summary The S&P GSCI Iron Ore has been on a tear this year, up 72.47% YTD as of June 13, 2019, breaking through the previous high from May 22, 2019. Iron ore supply is concentrated in a handful of geographic regions and controlled by a small number of players, and demand is dictated by one […]

Iron ore prices surge on renewed uncertainty over Brazilian and Australian supply

Article by Business Insider – April 1st 2019 Iron ore spot markets rose strongly across the board on Friday. Uncertainty over supply disruptions in Brazil and Australia, along with firmer steel prices, likely explain the size of the gains recorded during the session. China’s official manufacturing and non-manufacturing PMIs both improved in March compared to […]