Bloomberg Record cargoes of iron ore coming into China and fewer boatloads of steel going out signal a boon for miners including BHP Billiton Ltd., Rio Tinto Group and Vale SA, as well as welcome news for rival metal producers like Europe’s ArcelorMittal. Purchases of ore rose 13 percent to 83.5 million metric tons in February, an all-time high …

  Bloomberg India’s monsoon may escape the effects of a possible El Nino event that can bring dry weather to the world’s top cotton grower and second-biggest wheat and sugar producer. “Mostly it may not have any impact on rains” because the El Nino probably won’t develop until later this year, said D.S. Pai, head of the long-range forecasting division …

  Bloomberg The tailwind from surging factory prices is strengthening corporate profits and supporting growth, opening a window for China to deepen cuts in excess industrial capacity without inflicting too much damage on the broader economy. The catch: that window may not stay open for long. That’s because factory prices — forecast to have increased 7.7 percent in February from …