Metal Workers on MSN9d
Unstoppable Giants Crushing Iron Ore Like ButterKomatsu’s biggest iron ore miners are built for pure power, turning solid rock into raw material with jaw-dropping precision.
The Brazilian firm relies on iron ore for 80% of its revenue and saw one gauge of its latest quarterly profit slump by 41%, while Fortescue, a pure iron ore play, posted a 53% plunge in the first ...
The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this part of the market cycle. Iron ore ...
During the week, the market average price of SMM 8-12% high-nickel pig iron was 1001.5 yuan per nickel point (ex-factory ...
(Bloomberg) -- The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.
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