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Results for "Iron Ore"

127 stories found

Businessbloomberg1h ago

BHP CEO Reports Steady China Iron Ore Demand

BHP CEO Brandon Craig stated that China's iron ore demand remains steady, supported by manufacturing activity, and also noted that stronger Indian demand for metallurgical coal should bolster the market.

Worldbloomberg12d ago

China Steel Group Advocates Yuan-Pricing for Iron Ore

China's primary steel-industry group has called for increased adoption of yuan-denominated index pricing in the iron ore market, asserting that such a change would more accurately reflect supply and demand dynamics for the commodity.

Low Water Levels in European Rivers Cause Energy Crisis and Shipping Disruptions
WorldAPReutersBBC+45bloombergAl JazeeraCNNnostagesschaufazDWle-figaro+37 more14d ago48 sources

Low Water Levels in European Rivers Cause Energy Crisis and Shipping Disruptions

Extremely low water levels in major European rivers like the Danube are causing significant disruptions to shipping routes and raising concerns about an impending energy crisis across Central European countries. The drought conditions have also revealed previously submerged World War II-era Nazi ships in the Danube.

WorldFT1mo ago

Vale Shareholders Vote Amidst Board Dispute

Shareholders of Vale, the world's largest iron ore miner, are heading to a vote after the company's board rejected a push to remove its chair, raising concerns about political interference.

BusinessTehran Times2mo ago

Fortescue News

An article from Tehran Times discusses news related to Fortescue, an Australian iron ore company.

WorldReutersbloombergFT+1seeking-alpha3mo ago4 sources

BHP Reaches Iron Ore Deal with China After Months of Talks

Mining giant BHP has finalized an iron ore deal with China's state buyer, concluding months of negotiations. This agreement follows a period of standoff and comes as BHP reported a 3% rise in its third-quarter iron ore output.

Qatar Reports Progress in US-Iran Talks on Hormuz Strait Reopening
WorldBBCbloombergNYT+49FTThe GuardianAl Jazeeradr-dkFox Newsnzzyle-uutisetcbc+41 more13d ago52 sources

Qatar Reports Progress in US-Iran Talks on Hormuz Strait Reopening

Qatar has indicated progress in US-Iran negotiations aimed at reopening the Strait of Hormuz, with the Qatari Emir holding discussions with Donald Trump. Iran and Oman are reportedly close to a deal that would involve a service fee for passage through the strait.

Businessbloomberg18d ago

Iron Ore Prices Rise Amid BHP Australian Port Strikes

Iron ore prices increased as traders assessed potential supply risks stemming from ongoing rolling strikes at BHP's key iron ore export port in Australia. The industrial action by port workers at the world's largest mining company's facilities raised concerns about disruptions to global iron ore shipments.

Businessseeking-alpha2mo ago

Multiple Companies Announce Dividends and Earnings Previews

Several companies, including U.S. Bancorp, Dell, Labrador Iron Ore Royalty, MSC Industrial Direct, First Internet Bancorp, Mastercard, CareTrust REIT, and Thor, have declared dividends. Additionally, earnings previews have been released for CarMax, Jabil, Smith & Wesson Brands, and Safe Bulkers.

Thai Steel Industry Grapples with Rising Oil and Power Costs
BusinessBangkok Post3mo ago

Thai Steel Industry Grapples with Rising Oil and Power Costs

Thailand's steel and iron industry is severely impacted by soaring oil prices, exacerbated by the Middle East conflict. Higher shipping costs for imported iron ore are pushing production expenses to new heights, threatening the sector's stability.

Businessbloomberg5mo ago

China Pledges Support for Steel Sector and IP Consumption

China's government has voiced support for intellectual property consumption, leading to a rise in Pop Mart shares, and has also vowed measures to support the steel sector, causing iron ore prices to increase. The country is also targeting steel and refining capacity.