Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two year lows. Iron is one of the world’s most important industrial metals, and is primarily used in the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spot iron ore prices are fast approaching $100 a tonne, well above the levels at which miners and steelmakers ...

If iron ore continues to sit around US$100 a tonne instead of falling to Morgan Stanley's US$94 forecast, Fortescue's free cash flow yield jumps from 5.0% to 8.6%, while BHP and Rio see smaller but ...