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Iron Ore Bottom In? Prices Reclaim $100 On "Improving Downstream Conditions"

Iron Ore Bottom In? Prices Reclaim $100 On "Improving Downstream Conditions" Iron ore futures in Singapore surged above $100 a ton, the highest level since mid-July, as tightening Chinese coking coal supplies lifted steelmaking costs and early signs of improving seasonal demand supported prices across the steel supply chain. Rafael Barcellos, head of Latin American metals and mining, pulp and paper equity research at Bradesco BBI, wrote in a note last week that the coal squeeze is helping support steel prices, with rebar and hot-rolled coil reaching multi-month highs. Improving...
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Sep 25, 2026 / Tyler Durden
Yen Jumps As Japan PM Admits Weak Currency "Problematic"
Yen Jumps As Japan PM Admits Weak Currency "Problematic" President Trump reportedly expressed concern over the weakness of the yen when he met Japan’s prime minister this week as the currency came under more pressure against the dollar. The FT reports that Finance Minister Satsuki Katayama Satsuki Katayama told reporters in Tokyo that Trump and Sanae Takaichi discussed the yen in talks in New York on Tuesday. The US president “expressed his concern” while Takaichi told Trump that she saw an undervalued yen as “problematic”, Katayama said. The yen jumped around 1% against the dollar following...
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Jun 19, 2026 / Tyler Durden
How The Trump Admin Achieved Record Drug Seizures
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Mar 4, 2026 /
Russia Says Ukraine Behind Attack that Sunk Tanker in Mediterranean
A Russian tanker carrying liquefied natural gas in the Mediterranean Sea was attacked before sinking. Moscow says Kiev used underwater drones in the attack.  The Arctic Metagaz was hit on Tuesday, causing a fire to break out. The Russian state media outlet TASS reported that all 30 crew members on board are safe. The Russian […]
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