(Bloomberg) -- Iron ore fell below $90 a ton for the first time since November 2022, with the steelmaking material remaining under pressure as demand slumps ...
-- Iron ore fell below $90 a ton for the first time since November 2022, with the steelmaking material remaining under pressure as demand slumps in biggest buyer China.Steel consumption in China has weakened because of the country’s protracted real estate slowdown. While exports and growth in other sectors are softening the blow, cuts to steel output have left the iron ore market saddled with excess supply.
Iron ore futures fell as much as 2.3% to $89.60 a ton in Singapore, and traded at $89.65 at 7:44 a.m. local time. They tumbled 9.2% last week.How Local Governments Got Hooked on One Company’s Janky SoftwareHIGHLAND, Calif. — An out-of-control wildfire in the foothills of a national forest east of Los Angeles threatened ten of thousands of buildings and forced hundreds of residents to flee Sunday amid a days-long heat wave of triple-digit temperatures.
LONDON, Ky. — Authorities searched a rugged, hilly area of southeastern Kentucky on Sunday for a man suspected in the weekend shooting of nine vehicles and wounding of five people on a busy interstate.Watch every catch made by Tampa Bay Buccaneers wide receiver Mike Evans from his 2-touchdown game vs. the Washington Commanders from Week 1 of the 2024 NFL season.
Nicole Kidman Checked with Naomi Watts Before Doing “The Perfect Couple ”with Her Ex Liev Schreiber: ‘That’s How Close They Are’HAVANA, Cuba — Socialist Cuba, the birthplace of salsa and other rhythms that have conquered the world, is now surrendering to the invasion of South Korean pop music.The Covid inquiry opens its next set of hearings on Monday, looking at the impact on healthcare and the NHS.It’s night 2 of the Creative Arts Emmys from downtown L.A.
A wildfire burning near Reno reached an estimated 3,300 acres in size as of Sunday, September 8, officials said.The Davis fire, burning in Washoe County, started on Saturday afternoon in Davis Creek Regional Park, officials said.Numerous roads were reopened on Sunday, though the fire remained “active,” officials warned.Footage filmed by Breanne Antos shows smoke wafting over New Washoe City as the blaze burns in the distance.
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