Roger Montgomery

The widely observed slow down in China’s property and infrastructure sectors has meant that the 839 million tonnes of steel being produced in China annually is not being absorbed by the construction industry. In fact residential property construction (which demands the highest proportion of steel), commercial and industrial have all... Show More

Wentworth Securities

"Market Bites" brings together quick links to news and articles for our clients, which we think they may not have read, and will hopefully find of interest. Click for the last edition to take a look Show More

Matthew Kidman hosts Steve Johnson from Forager Funds and Tim Carleton from Auscap Asset Management in our regular thematic video discussion. Iron Ore continues to defy expectations and move lower. BHP, RIO, Vale and FMG have all opened the production floodgates and, combined with the slow down in China, the... Show More

Vale cuts dividend more than forecast. Vale SA, the world's largest iron-ore producer, will reduce dividends more than analysts estimated this year as prices for the steel-making ingredient are expected to hover near six-year lows. The Rio de Janeiro-based company will pay at least $2 billion in dividends this year,... Show More

Nicholas Forsyth

Iron-Ore has plunged 40% this year, but we still feel BHP will fall ~30% further. RIO was +6.6% overseas, as it considers a merger with Glencore to create the world's largest Iron-Ore producer. Iron-ore prices have plunged 41% this year, I see no short/medium term change in this trend. Vale, the largest... Show More

Nikko Asset Management Australia

A golden age for Brazilian iron ore? With the football World Cup in full swing in Brazil, it is worth mentioning another large contributor to the Brazilian economy - iron ore. Brazil remains the second largest seaborne supplier of iron ore to China (behind Australia) and is home to the... Show More