Iron Ore’s Unexpected Resilience Shows Pockets of China Strength
The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well.
2023-08-29 08:22
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:51
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:17
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
Indian Steel Tycoon Jindal Seeks Tariff on Imports
Indian steel tycoon Sajjan Jindal wants the government to counter American tariffs and Europe’s carbon tax with a
2023-08-26 14:27
German Economy Stalled in Second Quarter, Weighed Down by Trade
Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to
2023-08-25 14:45
UK Steel Industry Faces Hit From Post-Brexit EU Climate Levy
Britain’s steel exports to the European Union risk being hit with a climate surcharge after the government made
2023-08-24 13:53
US Steel, Cliffs Spar Over Union’s Rights in Dueling Filings
United States Steel Corp. and Cleveland-Cliffs Inc. exchanged blows via regulatory filings that wrangled over the rights of
2023-08-24 03:19
Labor Union Turns Up Heat in Battle Over Sale of US Steel
In a scathing letter sent by United Steelworkers to its members at US Steel Corp., the president of
2023-08-23 07:49
Ukraine Recap: Zelenskiy Asks EU to End Grain Purchase Bans
Ukrainian President Volodymyr Zelenskiy said he told European Commission President Ursula von der Leyen that he wants to
2023-08-23 02:58
BHP’s Full-Year Profit Falls 37% as China’s Metals Demand Wanes
BHP Group Ltd., the world’s biggest miner, reported a 37% decline in full-year profit, missing analysts’ forecasts, as
2023-08-22 06:45
Thungela’s Profit Drops on Cheaper Coal, South African Rail
South African coal exporter Thungela Resources Ltd. saw profits plunge by 69% in the first half of the
2023-08-21 22:46