Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Equity Bottom-Up

Temporary tightness should abate as demand falters and supply surges.<ul><li class="p1">Iron ore prices have surged to $69 per tonne, up 23% from last week and continuing their recent upward trend from a bottom of $37 per tonne in December.</li><li class="p1">Leveraged mining stocks are also up by double-digit levels this week, having already more than doubled since February.</li><li class="p1">We think this rally is unsustainable, as it is based on short-lived demand measures and near-term supply disruptions.</li><li class="p1">As temporary tightness in the market abates, iron ore prices should fall by more than half to $30 per tonne in the long term, driven by falling Chinese steel demand and rising scrap availability.</li></ul>Analysts: David Wang, Daniel Rohr and Mathew Hodge

Temporary tightness should abate as demand falters and supply surges.Iron ore prices have surged to $69 per tonne, up 23% from last week and continuing their recent upward trend from a bottom of $37 per tonne in December.Leveraged mining stocks are also up by double-digit levels this week, having already more than doubled since February.We think this rally is unsustainable, as it is based on short-lived demand measures and near-term supply disruptions.As temporary tightness in the market abates, iron ore prices should fall by more than half to $30 per tonne in the long term, driven by falling Chinese steel demand and rising scrap availability.Analysts: David Wang, Daniel Rohr and Mathew Hodge

Australia

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, deep purple, to rusty red. The iron itself is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH).n(H2O)) or siderite (FeCO3, 48.2% Fe).

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Iron Ore (IRON ORE COMDTY)

Iron Ore Rally Unsustainable

Temporary tightness should abate as demand falters and supply surges. Iron ore prices have surged to $69 per tonne, up 23% from last week and...

Morningstar, Inc.

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)