Citi projects iron ore prices to average $85 per ton by 2026 amid rising supply and weak demand. Low-carbon steel trends and Simandou's new supply drive challenges for iron ore market recovery.
China’s spluttering stimulus and strong production means the market for the steel-making ingredient will move further into oversupply next year. That’s bad news for miners and the federal ...
Key Takeaway from SMM Motor Annual Conference: Copper Prices More Likely to Rise than Fall, While Aluminum Price Volatility May Be Lower than Copper In November, the raw material shortage for brass ...
ASX mining shares are up after Chinese iron ore futures lifted to their highest level in more than a month overnight. You’re reading a free article with opinions that may differ from The Motley ...
Vale SA plans to offer more lower quality iron ore to adapt to the needs of a battered steel industry as it moves beyond being just a supplier of high-grade steelmaking material. Chief Executive ...
Goldman Sachs is urging investors to choose copper and aluminium over iron ore in 2025 as weak demand from China collides with an excess supply of Australia’s key export, keeping prices below ...
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