Benchmark iron ore prices spiked on Monday after trade data showed Chinese imports of the steelmaking raw material remain robust despite an economic slowdown in the top commodity consumer. The
‘More than any other commodity, iron ore has confounded the expectations of experts over the course of the past three years. Despite analysts being resolutely bearish in the face of
A record trade surplus for May should be followed by a similar result for this month after successive five year plus highs for iron ore prices this week. A surge
Australia’s commodity exports earned a record $275 billion over the past 12 months, and another record is tipped next year. The impact of the tailings dam collapse at one of
A predicted “mini gold rush” in Western Australia, combined with skyrocketing iron ore prices, is renewing optimism about the state’s long-subdued economy. The iron ore price also continues to climb,
The price of iron ore continues to defy both gravity and the warnings from a plethora of technical financial analysis that the metal price is in bubble territory. But tell
© 2023 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.
