Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
Japan’s nine nuclear power utilities have rejected calls from some of their shareholders to reduce or even eliminate the use of nuclear energy. Tokyo Electric Power Co’s shareholders approved a ¥1 trillion ($12.5 billion) injection of state funds which effectively nationalizes the company.