Your trusted source for investing success

Tag: iron ore prices

Cliffs Natural Resources Inc. Reports First-Quarter 2017 Results

Cliffs Natural Resources Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2017. The Company reported consolidated revenues of $462 million, an increase of 51 percent compared to the prior year’s first-quarter revenues of $306 million, as a result of increased sales volumes and seaborne iron

Century and Sandy Chim Purchase Shares from Champion Iron Mines Limited

Century Global Commodities Corporation (“Century” or the “Company”) (TSX:CNT) and Sandy Chim announce their purchase of a total of 1,834,000 ordinary shares in the capital of the Company (the “Purchased Shares”) from Champion Iron Mines Limited (“Champion”). The acquisition of these shares (the “Transaction”) was completed through the facilities of

How Far Will Iron Ore Prices Fall?

A recent article from Seeking Alpha suggested that iron ore prices could still have further to fall.

As quoted in the publication:
In April, iron ore prices jumped to above $70 a ton, a level not seen since early 2015. Iron ore prices had been on a downward trajectory since 2014 amid

Iron Ore Price Drops on China Worries

Iron ore prices are on the downtrend on the back of a stronger dollar, Bloomberg reported. Despite recent positive comments from China’s Li Keqiang, concerns over the country’s economy were still putting pressure on the base metal.

Iron Ore Hits Highest Price in Three Months

The Financial Times reported that iron ore prices jumped to their highest point in three months on Tuesday, spurred on by seasonal restocking by China’s steel mills. Overall, iron ore is up 5 percent so far in 2015 — it’s outperformed most commodities aside from gold.

Rio Tinto CEO Says Company Won’t Cut Back Iron Ore Output

Mining Weekly reported that Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) CEO Andrew Harding said the company will not cut iron ore output despite weak iron ore prices.

As quoted in the market news:
“There has been a view that Australia can simply turn the iron-ore tap on and off to regulate the global, market-based price. It

Enter Your Log In Credentials

Privacy & Legal Policy

Privacy Policy

Investing News Network