|Bid||10.00 x 200|
|Ask||10.40 x 100|
|Day's Range||10.05 - 10.34|
|52 Week Range||6.58 - 11.72|
|PE Ratio (TTM)||14.48|
|Dividend & Yield||0.29 (2.79%)|
|1y Target Est||11.22|
In the current scenario, when iron ore prices have fallen sharply and expectations of a rebound in the near term are weak, the mining companies will be adversely impacted.
China’s property sector is one of its most steel-hungry sectors, accounting for close to 50% of overall steel demand. Therefore, it is important for steel investors to keep tabs on…
China, the largest consumer of iron ore (COMT), contributes more than two-thirds of the world’s seaborne-traded iron ore. Therefore, we can track China’s iron ore imports and the outlook for…
After rising unexpectedly, iron ore prices have fallen into bear territory once again. As China gets ready to cut its steel capacity for four months on November 15, 2017, the…
Brazilian stocks are expensive on prospects for margin expansion next year, but there's more to come Credit Suisse says. Analysts Andrew T. Campbell and Otavio Tanganelli write that equities in Brazil ...
Some market observers have cited China’s winter steel production cuts as a bearish driver for iron ore prices. There could be some merit to this argument.
Real estate directly impacts 40 other sectors in China. It’s important for iron ore investors to track China’s real estate growth (TAO), as this sector accounts for the majority of steel consumption in ...
China is the world’s largest consumer of iron ore. Therefore, to gauge the outlook for iron ore demand, it's important to track China’s iron ore import data.
Iron ore shipments from major ports in Australia and Brazil (EWZ) represent a large portion of the supply side of the iron ore equation.
Iron ore prices have been on a roller coaster ride in 2017. Prices peaked at $95 per ton in February 2017. After that, they fell to $53 per ton in June 2017.
While the Brazilian government bumped up its deficit target late Tuesday to 159 billion reais ($50.4 billion) for both 2017 and 2018, it is promising spending cuts and some revenue boosters that are likely to get approval despite the country's ongoing political chaos, Eurasia Group says. The previous deficit target was 139 billion reais. The Brazilian real strengthened by 0.7% against the U.S. dollar and the iShares MSCI Brazil Capped exchange-traded fund (EWZ) tempered gains at the close, with a rise of 1.3% Wednesday just ahead of the Vanguard FTSE Emerging Markets ETF (VWO), up 1.1%. Shares of Brasil's Banco Bradesco (BBDO) rallied 4.5%, iron ore mining giant Vale (VALE) rose 3%, and meat producer BRF (BRFS) fell 1%.