China may be routinely underestimating its steel sector output, with official 2013 figures coming in 40 million tons below a key industry estimate.» Read More
As sentiment turns bullish towards aluminum, analysts say the once-shunned metal is finally at a turning point.
Asian stocks were mostly lower on Friday after the U.S. authorized targeted airstrikes on Iraq but strong Chinese data helped to boost sentiment.
Years of investment spending are starting to bear fruit and this will lift Rio Tinto's profits moving forward, says Juerg Kiener, MD & CIO at Swiss Asia Capital, Singapore.
Asian equities ended mostly lower on Thursday ahead of a raft of global central bank meetings.
Rio Tinto reported a 21 percent rise in first-half profit on Thursday, beating market forecasts as it slashed capital spending.
David Lennox, Resources Analyst at Fat Prophets, discusses his expectations for the Australian miner ahead of earnings release.
Mark Taylor, Senior Resources Analyst at Morningstar, outlines why he expects lackluster figures from the Australian miner.
Ahead of earnings, Gaurav Sodhi, Resources Analyst at Intelligent Investor, explains why the miner's aluminum business may beat expectations.
RIO DE JANEIRO, July 24- Brazil's Vale SA produced record amounts of iron ore in its latest second quarter, rising to the task of battling Australian rivals for market share, but weaker performance at other divisions fanned some concern ahead of results next week.
Australia equities are a resilient lot, shrugging off a slew of economic headwinds this year to trade at nearly six-year highs.
Asian stocks ended Monday mostly lower due to ongoing geopolitical tensions while volumes were light with Japan shut for a public holiday.
European shares extended gains to close higher on Wednesday, as investors reacted to fresh growth data from China.
Asian stocks were mixed in choppy trade on Wednesday despite better-than-expected growth data from China.
David Lennox, Resources Analyst at Fat Prophets, says the move to lift production is part of Rio Tinto's future plans to meet market potential in 2020.
Asian equities were mostly lower on Tuesday, tracking U.S. declines, while caution set in ahead of the second-quarter earnings season.
Asian equity markets turned mixed on Thursday in cautious trade before key U.S. economic data and a European Central Bank meeting.
European shares closed higher on Tuesday with investors buoyed by upbeat Chinese and U.S. economic data, and a settlement by BNP Paribas.
Asian equity markets kicked off the week with modest gains on Monday as traders brace for a week full of event risk.
European markets closed lower on Wednesday, amid concern over the violence in Iraq.
Asian stocks fell on Wednesday as geopolitical concerns over Iraq overshadowed better-than-expected U.S. data.