NMDC shares were trading close to their 52-week high level before the price cut announcement on Friday. Prices have been revised between ₹850 to ₹1,000 per tonne.
Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two year lows. Iron is one of the world’s most important industrial metals, and is primarily used in the ...
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
Vale trades at a deep discount versus peers despite solid fundamentals and global exposure. The company's heavy iron ore dependence is a risk, but operations and diversification efforts are improving.
A recent discovery of a 55 billion metric ton iron ore reserve in Western Australia's Hamersley region, valued at US $6 trillion, is expected to significantly impact global iron ore markets and prices ...
The global commodities boom which has seen prices for copper, gold and silver reach all-time highs is feeding into basic raw materials such as iron ore, which is expected to price rather than fall, as ...
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