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Included with the chart he sent this nice, quick overview: Iron ore is second biggest commodity traded internationally by volume (after oil). It is the main ingredient in the production of steel.
The following chart shows the positive correlation between the AUD, iron ore and oil this year. A demand slowdown could change this picture considerably. Between January and March of this year ...
Bad Week for Oil and Iron Ore Gets Worse, Spurring Contagion Charts show almost immediate reaction to break of $45 a barrel ‘There’s nowhere really to hide,’ says Shaw’s James Audiss ...
the first to launch iron ore derivative contracts in April 2009, shows price volatility is now back with a vengeance. And traders in other commodities – bar crude oil – are coasting compared ...
a team of Goldman analysts led by Aurelia Waltham and Daan Struyven said that iron ore's "fundamental outlook remains bleak" as prices traded at a two-year low. This was the most stunning chart ...
The most important chart from the ... Besides cutting iron ore price targets, Goldman Daan Struyven recently slashed his expected range for Brent oil prices by $5 to $70-$85 per barrel, citing ...
I also want to touch on when you talked about iron ore. Because we saw those prices last week plunged below $100 a ton. Let's show you a chart of some miners. Those are under pressure right now.
Iron ore is stil up 7.6% from five-and-a-half year lows reached December 23, but was last year’s worst performing commodity falling 48%, even beating out crude oil for the dubious title.
(Bloomberg Opinion) -- Last year was supposed to be an aberration for iron ore, an unexpected period of ... against the U.S. dollar, rock-bottom oil prices and still-depressed shipping rates.
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