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Concern is mounting over just how big a hit the Chinese economy is going to take from the massive tariffs imposed by the ...
Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that ...
Oil, copper, soybeans and a handful of others monopolized the attention — but of all commodities, the humble lump of iron ore benefited the most from the Chinese economic boom of the last 25 years.
Not all commodities have been falling steeply under the weight of rising tariffs with iron ore riding out the storm. The major profit generator for five of the world’s biggest mining companies ...
WHYALLA, Australia — For more than a century, Australia has fed the world’s hunger for iron ore. Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel ...
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