This is a primary driver of our no-moat rating. Lower margins primarily result from price discounts from selling a lower-grade (57% to 58% iron) product compared with the 62% iron ore benchmark.

With miners including Rio benefiting from high commodity prices, governments may use it as a source of tax revenue to plug shaky budgets. Rio Tinto is leveraged to demand for iron ore. If iron ore ...

In recent trading, shares of Iron Mountain Inc (Symbol: IRM) have crossed above the average analyst 12-month target price of $121.75, changing hands for $123.61/share. When a stock reaches the ...

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM) (the "Company"), a global leader in information management services, today announced that it has priced an upsized ...

Prices of iron ore futures strengthened for the third straight session on Wednesday, as firmer steel output outweighed a raft of weaker economic data in top consumer China. The most-traded January ...

Lower Chinese steel product inventory driven by robust exports also supported iron ore prices above $100 a ton, Westpac analysts said in a note. Meanwhile, Chinese exporters and policymakers are ...

Goldman Sachs is urging investors to choose copper and aluminium over iron ore in 2025 as weak demand from China collides with an excess supply of Australia’s key export, keeping prices below ...

Experts believe geopolitical uncertainty, rate cuts and central bank-buying augur well for the yellow metal. According to global financial firm Goldman Sachs, gold prices may reach $3,000 an ounce ...

In November, egg prices shot up by 8.2% nationwide, logging one of the highest monthly spikes in the past two decades, according to Consumer Price Index data released last week. And it’s not ...

So Shandong Chenming Paper, one of China’s biggest paper manufacturers, did what any company faced with overcapacity would do: It cut prices to unload more supply while it tried to ride out the ...

The crew, full of optimism, was bound for Wales hoping that the metal they carried would lead ... by the current spot price ($38,000) to arrive at a total of $2,000,000,000 in situ value of ...

Things were not quite so dire for Caterpillar, whose most recent third quarter results announced Oct. 30 saw year-over-year sales and revenue decline to 16.1 billion from $16.8 billion, a slide of ...