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Dalian iron ore gains as steel prices rise; on track for fourth weekly gain
Dalian iron ore futures gained marginally on Friday, their fifth straight session of rise, as higher steel prices supported the key steelmaking ingredient while expectations of higher shipments weighed. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.25% higher at 817 yuan ($120.07) a metric ton, as of 0317 GMT. The contract has gained about 3% this week so far. The benchmark June iron ore on the Singapore Exchange was 0.23% lower at $110.50 a ton. The contract has gained 2.66% this week so far. Both contracts are set to record a fourth consecutive weekly increase. ... (full story)
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From msn.com | May 7, 2026
Gold edged higher on Friday and was headed for a weekly gain on easing fears of inflation and higher interest rates as investors remained optimistic about a U.S.-Iran peace deal despite renewed fighting. • Spot gold was up 0.3% at $4,700.80 per ounce, as of 0059 GMT. Bullion has gained 1.9% so far this week. • U.S. gold futures for June delivery were steady ...
Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, transportation and warehousing, and retail trade. Federal government employment continued to decline. This news release presents statistics from two ...
Three World Class American Destroyers just transited, very successfully, out of the Strait of Hormuz, under fire. There was no damage done to the three Destroyers, but great damage done to the Iranian attackers. They were completely destroyed along with numerous small boats, which are being used to take the place of their fully decapitated Navy. These boats went to the bottom of the Sea, quickly and efficiently. Missiles were shot at our Destroyers, and were easily knocked down. Likewise, drones came, and were incinerated while in the air. They dropped ever so beautifully down to the Ocean, very much like a butterfly dropping to its grave! A normal Country would have allowed these Destroyers to pass, but Iran is not a normal Country. They are led by LUNATICS, and if they had the chance to use a Nuclear Weapon, they would do it, without question — But they’ll never have that opportunity and, just like we knocked them out again today, we’ll knock them out a lot harder, and a lot more violently, in the future, if they don’t get their Deal signed, FAST! Our three Destroyers, with their wonderful Crews, will now rejoin our Naval Blockade, which is truly a “Wall of Steel.” President DONALD J. TRUMP
