December 4, 2015

Down again: iron ore sinks below $40 a tonne

It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.

December 4, 2015

China’s steel giants lost $11 billion in first 10 months of 2015

That is more than double the profits reaped in 2014.

December 3, 2015

India won’t replace China as top resources consumer

India can support better an agrarian, low-earning, population than China can, which is a limit to growth in itself. 

December 2, 2015

The iron ore price is in free-fall

Following a heavy selloff in November, iron ore is down another 7% just this week with no support in sight.

December 2, 2015

World’s two biggest miners walking away from coal, but they are not telling

BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes.

November 30, 2015

Even the iron ore price will bottom

Big three close to falling victim to their own scorched earth strategy.

November 30, 2015

Iron ore keeps falling, drops below $43 a tonne

If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.

November 29, 2015

China to slash copper output by 5%

Copper producers in China are taking drastic measures to arrest the plummeting price.

November 29, 2015

Yuan could soon sit inside elite basket of currencies

The Chinese yuan is gathering prestige in the eyes of the International Monetary Fund, a move that could set off alarm bells in Washington.

November 26, 2015

Stockpiling, probes, coordinated cuts – Beijing to the rescue?

Base metals rally across the board on hopes of Chinese government intervention in physical and futures markets and long overdue domestic output cuts.