MMI Daily Iron Ore Index Report October 9 2026

Freight Up 50%, Mills Won’t Pay: Brazil’s Small Miners Squeezed From Both Ends, So Why Won’t Vale Cut?

On 29 September, CSN Mineração issued a material fact announcing a temporary cut in iron ore output at the dry processing plant of its Pires Complex in Ouro Preto, Minas Gerais, citing current market…

• Brazil's small miners face higher freight costs and lower ore prices.
• Freight rates peaked at USD 43.38/t on September 23 due to Middle East conflict.
• Steel mills experience negative margins due to tight coking coal supply.

2h ago ·hellenicshippingnews.com

Copper Rises Amid Supply Disruptions

Copper futures climbed toward $6.60 per pound on Thursday, recovering from the previous session’s losses as supply disruptions in top producer Chile lent support to prices.

• Copper prices hit near $6.60 per pound amid supply disruptions
• Chilean unions' strike threatens Antofagasta's production
• US tariff uncertainty influences copper market dynamics

2h ago ·hellenicshippingnews.com

Oil prices dip after Trump says no Iran attack before midterms

Oil prices fell on Friday as markets dialed down fears of worsening Middle East supplies after U.S. President Donald Trump said there would be no new attacks on Iran before the midterm elections.

2h ago ·hellenicshippingnews.com

Can keeping assets outside Canada protect them from a 50/50 split in case of a divorce?

FP Answers: The change in net worth during a marriage is considered when determining each former spouse’s share

2h ago ·financialpost.com

MTY Reports Third Quarter Results For Fiscal 2026, Announces End of Strategic Review and Increases Dividend by 35%

GAAP Measures: Segment profits were $59.9 million during the 13-week period ended August 30, 2026 (the “third quarter”). Net income attributable to owners of $24.8 million, or $1.08 per diluted share…

2h ago ·financialpost.com