|
|
|
09.09.26 - 17:54
|
Vale CFO Sees No Downturn in Iron Ore Prices (Bloomberg)
|
|
|
Vale SA Chief Financial Officer Marcelo Bacci says iron ore is a resilient commodity and says demand is stable. He also says the mining giant may tap the Chinese bond market in the near future. He speaks on "Bloomberg Open Interest."
(Source: Bloomberg)...
|
|
|
|
|
|
|
07.09.26 - 21:33
|
Iron Ore Bottom In? Prices Reclaim $100 On "Improving Downstream Conditions" (ZeroHedge)
|
|
|
Iron Ore Bottom In? Prices Reclaim $100 On "Improving Downstream Conditions"
Iron ore futures in Singapore surged above $100 a ton, the highest level since mid-July, as tightening Chinese coking coal supplies lifted steelmaking costs and early signs of improving seasonal demand supported prices across the steel supply chain.
Rafael Barcellos, head of Latin American metals and mining, pulp and paper equity research at Bradesco BBI, wrote in a note last week that the coal squeeze is helping support steel prices, with rebar and hot-rolled coil reaching multi-month highs. Improving downstream conditions are, in turn, providing support for iron ore.
Barcellos pointed to China's August manufacturing purchasing managers' index as another encouraging economic signal.
Iron ore inventories also continued to decline, spot activity at Chinese steel-trading houses increased for a second consecutive week, and steelmaker margins improved. Blast furnace utilization, however, declined for a seco...
|
|
|
|
|
|
|
|
|
18.08.26 - 05:54
|
BHP CEO: China Iron Ore Demand Remains Steady (Bloomberg)
|
|
|
China's iron ore demand remains steady, supported by manufacturing activity, according to BHP CEO Brandon Craig. He also says stronger Indian demand for metallurgical coal should support the market. He spoke with Haidi Stoud-Watts on Insight with Haslinda Amin.
(Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
