Iron ore price

From the FT: Glencore launched a $2.5bn share placing on Tuesday as the miner-cum-trader moved quickly to implement a $10bn package of measures to cut its large debt load and safeguard its investment grade credit rating.

Here are the iron ore charts for September 15, 2015: Qingdao down and Tianjin down even more by 1.9% to $56.40.

Here are the iron ore charts for September 14, 2015: Spot down sharply with Dalian hinting at more falls today.

Big iron ore not having much fun today with RIO and BHP down half a percent but FMG is better up 2.5%: Idiocy spreads continue to close: And juniors to die.

From the Motley Fool: A frustrating aspect of investing is when external factors affect the financial performance and share price of a company in which an investment has been made.

According to the AFR, iron ore is defying the doomsayers: UBS mining analyst Glyn Lawcock says the latest trading band is at odds with most market commentators, who were been tipping a fall back below $US50 a tonne.

Here are the iron ore price charts for September 12, 2015: Spot is unchanged on Friday’s holiday.

by Chris Becker The rally in iron ore continues!

by Chris Becker The rally continues in the iron ore price complex, on the back of speculation of more stimulus, but in context this is just another blip in the long running downtrend.

by Chris Becker Find below the latest prices from the iron ore complex:   There’s been a not unexpected breakout in spot and futures following last week’s holiday and very low volatility, but rebar continues to tell the fundamental story.

by Chris Becker Find below the latest prices from the iron ore complex, with markets reopening following China’s two day holiday.

by Chris Becker Here are the latest prices and chart action from the iron ore price complex.

by Chris Becker With Chinese markets closed there’s not much action out there in the iron ore complex.

by Chris Becker Yesterday was the last day of trading for the iron ore complex before the end of WW2 celebrations in China, and prices remained remarkably stable compared to their stock brethren.

by Chris Becker Its been a wild ride of risk markets, but the iron ore/coal complex is brushing this all aside and remaining remarkably stable.

by Chris Becker Iron ore prices barely lifted yesterday: As exports of iron ore from Australia to China increased 6% year on year to 155 million tonnes, yet earnings declined by 30% according to China Resources Quarterly.

Given the size of last night’s moves in the US and commodity markets, big iron ore and gas is behaving with veritable sobriety undoing only a small portion of recent damage.

Here are the iron ore charts for August 27, 2015: Tianjin benchmark firmed a little to $53.30.

Big iron is kind of off the canvas today with RIO down marginally and BHP as well as FMG up 1%: Idiocy spreads are still closing but it’s slowed right down.

Here are the iron ore price charts for August 26, 2015:      Tianjin benchmark fell 30 cents to $53.10.

Anyone that’s in the know understands that BHP is the round boy of the resources sector.

Here are the iron ore chart for August 25, 2015:   Qingdao firmed a little but Tianjin spot did not at $53.40.