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IRON ORE NEWS
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...- Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reportsAustralian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes a...
- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- ED searches against Vedanta Group in FEMA caseVedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an i...
- Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
- Stocks in news: Nykaa, Godrej Consumer, Titagarh Rail, Fino Payments Bank, NMDCIndian markets closed with over 1% gains, though volatility persisted. Analysts eye crude oil prices and India Vix for sustained recovery. ...
- Iron ore price to remain between $80-100 amid demand slump, supply growthGlobal iron ore prices are expected to stay between $80 and $100 per tonne over the next 18 months due to weak demand and slowing economic ...
- Iron ore’s heady days are fading as China’s growth engine coolsChina is pushing ahead with cutting carbon emissions, steel output is expected to shrink for a second year, while a debt-laden property sec...
- Rajasthan allocates iron ore block to RINLThe Rajasthan government has allocated a large iron ore block at Bhilwara to RINL in a move that has been approved by the union mines minis...
- What does tomorrow's judgement on Karnataka Category B iron ore mines mean for the industry?The long awaited verdict on the Category B mines in the Karnataka iron ore mine case is expected to be out in the first half of tomorrow.
- Supreme Court's decision on Category B mines in Karnataka tomorrowThe decision will come three months after the category A mines were given a green signal to resume mining.
- Sesa Goa expects positive news on Goa mining restriction by end-NovemberThe SC has banned all mining activity along with transportation of the steel-making ingredient, and has asked for a report on Goa's illegal...
- Union Budget 2011 impact on metals & mining sector: Angel BrokingExport duty on export of iron ore has been raised to ad valorem 20% on lumps as well as fines.
- China urges firms to boycott Australian, Brazil iron oreA Chinese industrial group has urged domestic steel companies to stop buying iron ore from the world's top three miners in protest over an ...
- Rise in iron ore demand heralds better daysThe recent surge in demand for iron ore has led to a rally in a few mining stocks during the past one month.
- India Infoline downgrades Sesa Goa to SellIndia Infoline has downgraded Sesa Goa to ‘Sell’ with an upward revised price target of Rs 257 per share.
- China discovers Asia's biggest iron ore depositMore than half of India’s exports to China are iron ore. Beijing is also heavily dependent on supplies from Australia, Japan and South Kore...
- Asia's largest iron ore deposit discovered in ChinaGeologists have discovered 'Asia's largest' iron ore deposit in northeast China's Liaoning province, with an estimated reserve of more than...
- BHP Billiton chief moves to ease competition concerns on Rio bidBHP Billiton and Rio Tinto would have only a "modest" share of world iron ore markets if a proposed mega-merger between the resources giant...
- Tata Steel loses race for ore in Liberia to Johannesburg's DeltaTata Steel, the world’s fifth largest steel maker, has lost its bid to buy the rights to iron ore reserves in Liberia to the Johannesburg-b...
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