FSUMF News and Press, Fortescue Metals Group Ltd. From 03/25/19

Miners Rio Tinto ( RIO +1.4% ), BHP ( BHP +0.8% ) and Fortescue Metals ( OTCQX:FSUMF ) say their Australian operations suffered some impact after two cyclones hit the country over the weekend, as clean up from the storms begins. More news on: Rio Tinto Group, BHP Group, Fortescue Met...

China iron ore futures plunge nearly 6% in their biggest intraday fall in three months following news that a local court had cleared the way for Vale (NYSE: VALE ) to resume operations at its Brucutu mine, its largest iron ore complex in Brazil's Minas Gerais state. More news on: Vale...

Customs at China’s Dalian port has banned imports of Australian coal and will cap overall coal imports from all sources to the end of 2019 at 12M metric tons, Reuters reports. More news on: Glencore Plc, Glencore Plc ADR, Rio Tinto plc, Energy stocks news, Read more ...

Fortescue Metals ( OTCQX:FSUMF +4.7% ) easily beat estimates for H1 profit and nearly triples its interim dividend to A$0.30/share, including a special dividend, reflecting confidence in the outlook for iron ore prices, sending shares to a two-year high in Australia. More news on: Fort...

Benchmark iron ore futures in Singapore plunged as much as 7% overnight to $82/ton, set for their first back-to-back decline since Vale's late January dam disaster, as investors weigh a likely shortfall against cooling demand in China. More news on: BHP Billiton Limited, Rio Tinto plc, V...

China iron ore futures jump to a record high in the first session as traders return from the week-long Lunar New Year holiday, following concerns that supply from Brazil may decline after last month's fatal tailings dam accident at a Vale mine. More news on: BHP Billiton Limited, Rio Ti...

Iron ore futures extend their recent rally, surging as much as 5.8% to $94/ton in Singapore, the highest since August 2014 . More news on: Vale S.A., Rio Tinto plc, BHP Billiton Limited, Commodities news, Read more ...

Iron ore prices surge to near two-year highs above $90/metric ton in the wake of reduced activity by Vale (NYSE: VALE ), the world's top producer of the steelmaking ingredient. More news on: Vale S.A., Rio Tinto plc, BHP Billiton Limited, Commodities news, Read more ...

Iron ore prices push to nearly two-year highs after last month's fatal tailings dam breach in Brazil forced Vale ( VALE -5.5% ) to suspend production at the Brucutu mine and declare force majeure on several related iron ore and pellet sales contracts. More news on: Vale S.A., BHP Bi...

Introduction The global economy appears to remain bearish moving further into 2019, which presents some opportunities to short business cycle-sensitive sectors. The construction sector in particular is a strong indicator of a country’s economic health; how consumers behave when purcha...