Iron Ore

China used the weekend meeting of G20 finance ministers to announce it was going to throw US$600bn at its slowing economy.

As conditions continue to weaken brokers are continuing to reduce their commodity price forecasts.

Spot iron ore prices are coming under pressure from a combination of weaker demand and higher stockpiles.

Steel prices have peaked according to Westpac and as a result the bank is cautious on the outlook for iron ore prices.

As Rio investors celebrated a positive ruling from the ACCC, the downturn in expected commodity demand has now moved into the bulk material space.

OneSteel is lifting its New Zealand exposure via a bid to buy the balance of Steel & Tube Holdings it doesn’t already own.

Now that investors are returning to commodity markets, Macquarie offers some tips for where to seek exposure.

Fortescue’s result fell a little short of broker forecasts, but opinions on the stock remain mixed post the profit announcement.

FX rates and deteriorating market conditions see both Standard Chartered and Barclays Capital revise commodity prices.

As Vale pushes for an unusual mid-contract iron ore price rise, immediate commentary suggests this is a positive for iron ore producers. But is it?