Iron Ore Top Stories

White House says review of Nippon Steel’s proposed purchase of US Steel ongoing

A source told Reuters this week that the US national security panel reviewing Nippon Steel's $14.9 billion bid.

Reuters | September 18, 2024 | 1:26 pm

US decision on Nippon’s bid for US Steel pushed back until after election

CFIUS needs more time to understand the impact of national…

Reuters | September 17, 2024 | 4:33 pm

US Steel CEO confident Nippon Steel deal will close ‘on its merits’

The companies countered in a 100-page letter that the deal…

Reuters | September 17, 2024 | 11:46 am

Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025

While the outlook for iron ore appears grim, BofA remains…

Staff Writer | September 17, 2024 | 10:07 am

Brazil confirms potential $18 billion deal with miners involved in deadly dam disaster

The collapse of the dam at a Samarco iron ore…

Reuters | September 17, 2024 | 7:34 am

Iron ore’s $100 price floor at risk of collapse from jump in supply

A wave of cheap supply starts to build in West Africa.

Bloomberg News | July 10, 2024 | 8:26 am

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

China’s Plenum promises cues for commodity bulls and bears

There’s a view that China is likely to provide more support for its economic recovery.

Bloomberg News | July 9, 2024 | 9:55 am

Consultancy recommends Vale 15 candidates for CEO position

Among those suggested for Vale's top job are the heads of big Brazilian firms, local newspaper O Globo said.

Reuters | July 9, 2024 | 8:43 am

Britain prioritizing jobs in Tata Steel talks, minister says

Britain's biggest steel producer started closing one of its carbon-intensive blast furnaces on Thursday.

Reuters | July 7, 2024 | 8:04 am

Iron ore price slumps from one-month high as demand concerns persist

Although all major Chinese cities have rolled out measures to tackle a prolonged housing crisis, concerns remain about a sustainable recovery.

Bloomberg News | July 5, 2024 | 7:23 am

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

The Brazilian President is expected to meet with Vale executives next week.

Staff Writer | July 4, 2024 | 9:15 am

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

Cecilia Jamasmie | July 4, 2024 | 5:57 am

Iron ore price at 4-week high on firm near-term demand, China stimulus hopes

Beijing has unveiled a flurry of stimulus measures to revive its beleaguered property market.

Reuters | July 3, 2024 | 7:29 am

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