Goldman Sachs warned on Friday that benchmark iron ore prices could slump further due to a growing supply surplus.
Brazil's president will not be resigning Tuesday, despite rumors that she may step down ahead of further impeachment proceedings.
Brazilian traded sharply lower after President Dilma Rousseff's impeachment process was annulled.
The dollar's 5-day rally & China growth concerns are making for an ugly day in commodities and commodity stocks.
Asian markets joined the slump in global equities, as the U.S. dollar strengthened and oil prices lost ground.
Vale and BHP Billiton are facing one of Brazil's largest civil lawsuits after prosecutors demanded $44 billion in damage, the Financial Times reports.
Some of the world's biggest iron ore miners are slashing output targets, a move likely to fuel price gains for the commodity.
An iron ore oversupply still needs to "work through the system," Fortescue chairman Andrew Forrest warned.
CNBC "Halftime Report" trader Jon Najarian bought shares of Rio Tinto after spotting unusual options activity.
China shares eked out gains Tuesday even as most Asian markets slipped, with traders digesting weaker-than-expected trade data from the mainland.
The world's no.1 and no.4 iron ore miners are in talks that could see Brazil's Vale taking a minority stake in Australia-based Fortescue Metals Group.
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning. U.S. oil prices were basically flat.
Samarco has reached a deal with the Brazilian government that could cost it as much as $7.7 billion, the Financial Times reports.
Samarco, co-owned by BHP and Vale, will pay at least $5B to settle damages caused by a dam spill in November, a source told Reuters.
The FMHR traders take their positions on six stocks making news today, including Salesforce, Domino's Pizza, and IMAX.
The "Halftime Report" traders give the trade that it might be time to get get rid of.
Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.
Brazil's government and Samarco Mineracao have moved closer to a deal to settle a $4.8B lawsuit for damages from November's dam disaster.
Jim Cramer lists the 14 events that must occur in order for the market to find a sustainable bottom that is safe to invest in.