Iron Ore Holds Near $107 Despite Supply Return As Costs Rise [Yahoo! Finance]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
US:NYSE Investor Relations:
bhp.com/investor-centre
Company Research
Source: Yahoo! Finance
After a seven-month dispute between BHP Group ( NYSE:BHP ) and China Mineral Resources Group Co. was settled, stockpiled ore that had been stuck at ports has now been cleared to re-enter the market. Despite that added supply, futures in Singapore are still holding just below $107 a ton, suggesting the market is looking past near-term inventory normalization and focusing on a different set of drivers. Warning! GuruFocus has detected 7 Warning Signs with BHP. Is BHP fairly valued? Test your thesis with our free DCF calculator. That shift in focus is increasingly tied to costs. Analysts at Commonwealth Bank of Australia point to rising diesel and freight expenses linked to tensions in the Middle East, which are lifting the industry cost curve and potentially putting a floor under prices. According to their estimates, around 170 million tons per year of iron ore supply roughly 10% of China's pig iron output had cost support between $80 and $100 a ton last year. If those cost thresho
Show less
Read more
Impact Snapshot
Event Time:
BHP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BHP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BHP alerts
High impacting BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
BHP
News
- Argus Raises its Price Target on BHP Group (BHP) to $95 [Yahoo! Finance]Yahoo! Finance
- Mundoro Reports 2025 Financial and Exploration Highlights with Outlook for 2026 and Team Additions [Yahoo! Finance]Yahoo! Finance
- Is It Too Late To Consider BHP Group (ASX:BHP) After Its 51% One Year Rally? [Yahoo! Finance]Yahoo! Finance
- BHP Group (BHP) was given a new $95.00 price target by Argus.MarketBeat
- BHP Group Limited (BHP) Reports Operational Review for Nine Months Ended March 2026 [Yahoo! Finance]Yahoo! Finance
BHP
Sec Filings
- 4/22/26 - Form 6-K
- 4/2/26 - Form 6-K
- 3/26/26 - Form SD
- BHP's page on the SEC website