Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.

Fitch's BMI Research maintained its 2025 iron ore price forecast at an annual average of $100/tonne, with prices expected to ...

Iron ore is flat, while metallurgical and thermal coal are down. Why it matters: Most miners’ share prices fell in the quarter, especially in response to tariffs, though gold miners rose.