Column: Iron ore prices lack conviction despite China stimulus moves
The balance of risks for iron ore prices are tilted to the downside despite top buyer China's most recent steps to boost its struggling property sector.
Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel.
Plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets.