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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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May 16, 2026 / Larry C. Johnson
Trump’s Failed Mission to China
The Beijing circus is over and Donald Trump’s talks with Xi Jinping produced nothing more than some pleasing photo ops and some performative diplomacy with no substantive accomplishments. There was no final communique at the end of Trump’s two days of meetings with Xi Jinping. Instead, we are left to rely on the statements from […]
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Mar 18, 2026 / Kyle Anzalone
Israel Strikes World’s Largest Natural Gas Field in Iran
Israel bombed facilities at the South Pars natural gas field in Iran. The world’s largest natural gas field is under the Persian Gulf and is split between Iran and Qatar. On Wednesday, strikes hit facilities in Iran’s Bushehr province tied to the gas field. Following the attack, Israeli officials told Axios that the operation was […]
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May 24, 2026 / Tyler Durden
Trump Bats Down Critics As Iran Deal Gets Close: 'Exact Opposite' Of 'Amateur' Obama JCPOA
Trump Bats Down Critics As Iran Deal Gets Close: 'Exact Opposite' Of 'Amateur' Obama JCPOA
Update(1345ET): Both sides are continuing to be mostly tight-lipped in terms of offering confirmation of what precisely is in the deal, with President Trump having earlier said he's in no hurry. But this weekend contains some of the most positive momentum towards an actual peace deal and extended ceasefire to date. Per some of the latest from NYT:
Iran’s leaders or official state media have not publicly commented on what is in any potential agreement or...
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