Iron ore inventories at Chinese ports have dwindled away to the lowest level in more than two years. The FMG, Rio and BHP share prices are strongly correlated as they are all heavily focused on iron ore. Either way, you need to make sure your investments are on the right side of the trade. We can pretty safely state that we’re in the midst of another boom. But iron ore remains essential to China’s development. Learn the truth about the Australian housing market right here — and what you can do to protect your wealth from falling Australian house prices. Fake Revolutionaries — A Pointless Attack on the US Capitol. Blue chips might be the biggest shares on the stock market – but are they the best way to get rich? Building on its multi-month highs, iron ore prices have risen 8% this month, and over 50% this calendar year, to reflect a post-market buying frenzy over supply issues.Australia’s top export reached US$110.20 on SPGlobal’s iron ore index (IODEX), the highest in five years dating back April 2014. Made In NYC | Iron Ore Prices, News and Analysis SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron ore markets such as Australia, India and China. More importantly, what consequences will this have for Australia and your investments? Iron ore production is a ‘scale’ game. Learn how to defend your financial assets against the wealth destroying monetary policies of the RBA, the US Federal Reserve and the rest of the world’s central banks...and discover the best ways to make money in a high or low, interest rate environment. Don’t just follow the news on the global economy — get an inside peek into what’s happening in developed and emerging economies around the world – and what it could mean for your investments. 11:27am, Dec 14, 2020. All advice is general in nature and has not taken into account your personal circumstances. So... Iron ore is Australia’s number one export. One of the best ways you can preserve your wealth is by investing in gold and silver bullion. Dig deeper than the mainstream headlines to see where the stock market is really at — and where the true stock opportunities lie. Learn all about these companies in this section. Plus, provide you with informed suggestions as to which investments could best shelter and grow your wealth in these turbulent times. BHP’s fall could be partly due to a statement made by a Chinese official Friday afternoon, confirming plans of cracking down on the excessive costs of the steel-making ingredient.Given the fact that China is the world’s biggest steel producer, it was inevitable that there would be ripple effects from the inquiry, hitting not only BHP but also Rio Tinto, whose share price fell 0.50%. Why the Liontown Resources Share Price is Volatile (ASX:LTR), Splitit Share Price Up on New Google Japan Partnership (ASX:SPT), Wisr Share Price Gets Boost from New Loan Numbers (ASX:WZR). So investing in energy stocks is a worthwhile addition to your portfolio. Find out why your compulsory super fund should be the last destination for your retirement wealth, and discover some of the best ways to build your own private nest egg outside of the system. Fortescue established itself after seeing the rise of China and realising what this would mean for future iron ore demand. But times are a changing and China, for better or worse, is a subject of heated debate. What you’ll find is an enlightening perspective on the Australian and global economy, that can provide useful insights for your investment decisions. Whilst the silver market is highly volatile, this means you can also buy silver at a bargain when the silver price dips. Property bubbles have helped cause many of the major financial crises happening in the world right now. ... Join over 130,000 for free access to breaking industry news. And now, in 2020, we’re seeing iron ore do it again. You’ll find such insights right here. Volatility will keep presenting investment opportunities in the mining and resources sector. Uncover invaluable insights on global real estate markets around the world — including everything from struggling housing markets...to off-the-radar residential and commercial investment opportunities that you won’t have heard about. Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Both Aussie companies produce a lot of iron for the world market and China is one country with high demand for it. Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in Iron Ore Company of Canada (IOC) that operates an iron mine at Labrador City, Newfoundland and Labrador. Discover ‘The Explosive Potential of Australian Penny Stocks’. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees. Investing insights that could introduce you to some of the most profitable investment opportunities in Australia...and around the world. Go here for more... Property investments don’t have to cost you your life savings — nor should they commit you to a lifetime of debt. Are there investment opportunities to be still had from China, and how will they affect your wealth at home? Rising Iron Ore Prices Could Benefit Brazil’s Trade Balance. The US economy is drowning under the weight of its public and private debt. Go here to find out... Something the world will always need and consume is energy. Click here to learn more. Moreover, iron ore is crucial for [the] steel industry that greatly supports economic recovery and development in the context of Covid-19 outbreak,” he said. More than just Australian stock market news...learn which ASX shares are worth paying attention to and which you should avoid. Learn about the kind of dividends that can bring you a stream of income, for years to come. But is the price and conditions right to invest in one – or all of these wealth preservers? Red-hot iron ore dents huge budget deficit. The MySteel 62% Australian iron ore fines price rose another 2.9% to $159/t, the second-highest since the index was established in early 2013. News Red-hot iron ore dents huge budget deficit. Global economic growth is the primary factor that drives its supply and demand. That’s why Australia’s three big producers, as well as Brazil’s Vale, dominate the global market. If you’re new to investing in the stock market, this definitive guide will show you the ropes so that you can begin buying and selling shares with confidence. Learn how a rise or fall in the Aussie dollar can affect your portfolio. Go here for more. What happened to the BHP share price? The global cannabis industry is experiencing phenomenal growth, and ASX-listed cannabis stocks give Aussie investors a chance to cash in on the marijuana boom. This is the highest level since 2014. Commerce Policy | Iron Ore mining, investment and price news from MINING.com. BHP Billiton Ltd [ASX:BHP] and Rio Tinto Ltd [ASX:ASX] are the largest producers, followed by Fortescue Metals Ltd [ASX:FMG]. Rio Tinto updates Oyu Tolgoi production deadline ; ... “Iron ore is expected to be the first commodity to exceed $100 billion in export earnings in a single year. Go here for more. China is reportedly planning to build at least two ‘globally significant overseas iron ore mines’ by the year 2025 to boost supply. At Money Morning our aim is simple: to give you intelligent and enjoyable commentary on the most important stock market news and financial information of the day - and tell you how to profit from it. Iron ore prices continue to rise, with 58% fines leading the way as the Chinese economy continues to maintain its strength, despite the threat of more tariffs. Leverage the expertise of our financial analysts, to invest in everything from blue chips and small caps, to dividends, tech stocks, mining shares, bonds and more... to help grow your wisdom and your wealth. They are investment ideas that could make you rich, protect your wealth — or both. Stock quotes by finanzen.net, Plus500. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. Copyright © 2020 Money Morning Australia | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988, Free report: Four standout Aussie stocks to stick in your portfolio ASAP. “For instance, iron ore exported from India returns to our country with value additions," he said, while stressing the need for freezing iron ore exports. Related Tags Asia Economy Here you’ll find some interesting perspectives on the steps you should take to keep your portfolio afloat. While useful for detecting patterns, the past is not a guide to future performance. It rose to a high of nearly US$180/tonne in 2013, before plunging to around US$40/tonne in late 2015. And the current debt crisis is escalating at an alarming pace. This guide to buying gold and silver will show you what you need to do, what to look out for, and when could be the best time to buy for profit. Find out here... Dividend shares can grow your wealth in both an up and down market. When prices rise, it’s good for the economy, but when prices fall, it has a negative effect. The nation consumes about 1bn tonnes of iron ore a year, a little over 60% of which comes from Australia. It then recovered to around $90/tonne, before falling again. Singapore Jan 7, 2021 @ 12:02 IRON ORE … Discover investment opportunities that the mainstream advisors and the majority of investors either overlook or just simply don’t know about…until it’s too late to act. Plus, discover the financial markets to take advantage of when major currencies like the US dollar, Euro, Yuan and Yen shift in value. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. We can help you do this right here... Arguably two of the most important commodities to monitor — nothing quite sends world market into a flurry like the oil and gas price. Debt bubbles and credit crunches have decimated wealth, destroyed jobs and ruined families. ... Other Times Group News Sites. Find out here... Rare in demand and in short supply; gold, silver, palladium and platinum are considered the world’s most precious metals. The riskiest shares on the stock market are often the most rewarding. Disclaimer | Fortescue Metals Group Ltd [ASX:FMG] has slumped 5% to $7.24 in late trading on Friday, 26 April 2019, giving up more gains after hitting a decade high of $8.24 last week. Australian government commodity forecaster the Office of the Chief Economist (OCE) has raised its forecast for Chinese iron ore demand in 2020 but cut its projection for Brazilian exports by over a quarter. Singapore Jan 8, 2021 @ 12:05 IRON ORE DAILY: Seaborne prices continue upward march; firm demand boosts lump premiums. Learn about investing in crypto like Bitcoin and Ethereum. China's trade war against Australia is failing with the federal government expecting iron ore prices to stay at elevated levels for longer. Australia is the world’s iron ore powerhouse, with Brazil a close second. Looking to invest in these precious metals, but don’t know where to start? Registration on or use of this site constitutes acceptance of our, Commodities Corner: Here’s what’s in store for industrial metals, after the 2020 rally for steel, iron ore and copper, Port Hedland kickstarts LNG transition for iron ore exports, Trek gains Fortescue, De Grey-endorsed gold, iron ore targets, 4 Stocks to Grab as Iron Ore Price Rally Continues in 2021, Eli Lilly rockets 14% after experimental Alzheimer's drug slows rate of decline in trial, Bitcoin plummets by the most since March as a stronger dollar and investor nerves strip off nearly $140 billion in cryptocurrency market cap, Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors, Twitter loses $5 billion in market value after Trump is permanently barred from the platform. The move is part of the country’s plans to boost the metal’s supply and increase its price capacity, reported Reuters citing the Ministry of Industry and Information Technology (MIIT).. Our market analysts investigate global and Australian resource opportunities that could drive the next bull market in commodities. Login or Start a $1 trial to read the full article. News in English for Rio de Janeiro and Brazil. But is this as good as it gets for these companies? But the price of gold and silver are both prone to market swings, so having expert insight into these markets is invaluable. Go here for more. We don’t claim to have all the answers, but we can let you know which factors affect your wealth the most. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Free Report: ‘Why Your Bank Dividends Could Be Under Threat’, Another Mining Boom — Why Iron Ore Is the Gift that Keeps on Giving, Why Iron Ore Prices Just Fell 3.1% Is Important — It’s Australia’s #1 Export. Arm yourself with the knowledge and knowhow that will help you become a better, smarter, investor. Go here to find out which ones are most likely to influence the world markets in the near and long term, and discover the best ways to profit from their meteoric rise. Is this as good as it gets for FMG, Rio and BHP share price? Iron ore, thanks to its huge export earnings, also has a major effect on the Aussie economy. How to invest…where to invest…when to invest…how much to invest…and what to invest in? The Aussie house price boom could well be at an end, and the housing bubble about to pop. Only time will tell. The Eurozone is in a huge mess right now. Last month Rio Tinto cut production outlook after issues with its mine, adding further to supply shortages. Iron ore opens new year with a bang as Chinese crude steel output set top one billion tonnes for the first time. In 2014 it contributed around $75 billion in export revenues, providing a major source of income for the country. If you follow the general consensus, blue chip stocks are supposed to be more stable than other stocks in the market. But can iron ore stocks still make money for you...or is the dream run about to end? But not all dividend stocks are the same. Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. IOC produces seaborne iron ore pellets; and produces and processes iron ore concentrate and pellets. The news agency has also reported that a China-backed consortium won a $14 billion government tender in Guinea to bring the Simandou iron ore deposit into production by 2025. Spot iron ore prices rose to around $130 a dry metric ton on Tuesday, according to commodity price reporting agency Argus. 76.4% of retail CFD accounts lose money. Likewise, one of the best ways you can skyrocket your portfolio is to invest in silver and gold stocks. A Sleeping Giant Awakes — What is Going on in Financial Markets? When economies are growing, the need for steel in construction increases which drives the price up. Prices are indicative and may differ from the actual market price. Iron ore shipments to China from Australia's Port Hedland rose by 16% in December from a month earlier, despite a short weather-related shutdown, the Pilbara Ports Authority said on Friday. But is it too soon to call the end of this financial, military and political empire? Despite China’s robust growth, the iron ore price is volatile. Australia is the largest iron ore producer in the world. In November, Brazil’s global iron ore exports marked a new low of 29.2 million tons — a 6.5% decline from the previous month and a 0.4% dip year on year. But can you stomach the risk for the rich rewards? According to the Australian Financial Review (AFR), a top official on behalf of China’s steel industry said Beijing was getting ready to crackdown on soaring prices.Iron ore market has also been hit by supply disruptions, as weather plagues supply chains. The latest news on iron ore mines and properties, mining companies and iron ore prices. Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. Stay up to date with latest news on Cryptocurrency. Check out our latest articles here. Find out here. But how do you know where to look? It also noted the active status of iron ore during the tail end of 2020, with the Dalian Commodity Exchange iron ore futures gaining almost 40 per … Gold’s poorer cousin – or is it? So how can you protect and grow your wealth in a financial crisis? In 2011 the Financial Times has speculated that iron ore is "more integral to the global economy than any other commodity, except perhaps oil ". The Middle Kingdom’s relentless industrialisation and stimulus-based infrastructure spending over the past decade or so has resulted in growing demand for Australia’s iron ore. To satisfy this increase in demand, Australia has increased its production significantly. As nearly all iron ore production receives the ‘spot price’ (as opposed to a fixed long-term contract price), these fluctuations have a major impact on the profitability of Australian producers. As of January 8, iron ore inventories across 35 ports tracked by SMM totalled 116.89 million mt, a decrease of 2.16 million mt from the previous week and up 3.15 million mt year-on-year. Currency markets affect everything, so it pays to follow currency moves carefully. * Real-time data for indices, futures, commodities or cryptocurrencies are provided by market makers, not the exchanges. Hellenic Shipping News Online Daily Newspaper on Hellenic and International Shipping Learn more about the gold market, and discover the best ways to invest in gold. Iron ore is Australia’s biggest export earner. The economy is rebounding … To extent, Australian miners are innocent and enriched bystanders to recent events. Learn how you could beat regular property market returns, by investing a fraction of the usual outlay, here... Make no mistake, the financial system is unravelling. Detailed news coverage on iron-ore providing an overview of South Africa’s iron-ore industry and those in the rest of Africa, as well as update readers on the status of top iron-ore projects. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment. Around US $ 180/tonne in 2013, before falling again Australian miners are innocent and enriched bystanders to recent.. 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