Iron ore miner Cliffs Natural Resources Inc. (NYSE: CLF) said this morning that it would take a $1.4 billion non-cash impairment charge related to several of its mining operations in ... Read Full Story »
Shares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are ... Read Full Story »
The projected slowdown in China’s GDP growth to 7.5% in 2012 has dampened demand for steel. Steel prices are flattening out and the result is that investors are seeing a ... Read Full Story »
Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, ... Read Full Story »
Vale SA (NYSE: VALE), one of the world's leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the ... Read Full Story »
Today's report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee ... Read Full Story »
Our commodities coverage today looks at the bounce in prices following yesterday's across-the-board drop and reports on a review of Monsanto's best-selling herbicide. We also note some positive news on ... Read Full Story »
It's time for our daily look at commodity prices and news. Researchers at Harvard University analyzed data from a number of studies and concluded that cocoa consumption may reduce blood ... Read Full Story »
It's 4:00 pm and time for our daily look at commodity prices and news. Today's biggest upside move in ag products came in cotton, up about 3.5%, while wool was ... Read Full Story »
Some of the largest steelmakers in the world have been hoping to see a fall in the price of iron ore, but such a decline does not appear to be ... Read Full Story »
Reuters: The Bank of Japan eased policy to fight a rise in the yen. Reuters: Obama said the economy is not growing fast enough. Reuters: Intel (NASDAQ: INTC) will buy ... Read Full Story »