Iron ore prices are sliding, and Wall Street sees that trend continuing. That isn’t great for sales and cash flows for iron ore miners.
Bank of America analyst Jason Fairclough cut his rating on iron ore miner Vale (ticker: VALE) to Hold from Buy. He lowered his price target to $20 a share from $27.
“Earnings downgrades coming,” wrote Fairclough...
Alcoa’s San Ciprián smelter streamlines operations, stakeholders unveil strategic roadmap
Viva unveils SOLID X: India's first ready-to-install solid aluminium panels at BAU Expo
December aluminium extrusion exports fell over 40% M-o-M, likely to remain weak in the short term
