Iron Ore Fluctuates as Fortescue's Forrest Stays Upbeat on China [Yahoo! Finance]
FORTESCUE METAL GRP S/ADR (FSUGY)
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Source: Yahoo! Finance
Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Trump Slashed International Aid. Geneva Is Feeling the Impact. How SUVs Are Making Traffic Worse Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says Futures of the steelmaking ingredient were little changed at $101.50 a ton, after earlier rising as much as 0.8%. Prices have been buffeted this month by rumors of steel output cuts and US tariff announcements and are almost flat this year after losing more than a quarter in 2024. Forrest, the billionaire founder and chairman of no. 4 iron ore miner Fortescue Ltd., painted a mixed picture on the outlook. He said that while tariffs
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