Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening.
Iron ore fell as investors’ attention shifted from China’s plans for stimulus and the outlook for demand to prospects for supplies, with leading miners due to deliver quarterly production ...
Mr Chalmers said Chinese authorities cutting interest rates and freeing up cash through mortgage refinancing measures could help bring iron prices back up. “It has been a considerable concern ...
The price of iron ore has dropped to its lowest in nearly two years, a drain on profits for some of the world’s biggest ...
Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 8:17 am ET, was $2,725 per ounce. That’s down 0.35% from yesterday’s gold price of $2,735.
Copper and iron ore prices continued retreating this week as major Wall Street banks downgraded the Chinese economy. Data by TradingView shows that iron ore has crashed to $91.95, its lowest point ...
Price elasticity of supply is the responsiveness of a supply of a good or service after a change in its market price. According to basic economic theory, the supply of a good will increase when ...
The fine art of charging different prices for the same item Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry.
State-owned NMDC increased iron ore prices by ₹400 per tonne effective October 1. Consequently, lump ore costs ₹5,750 per tonne and fines ₹5,010, a filing by the company on Tuesday showed.
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