Iron ore sank for a fifth day on concerns about oversupply, as Beijing confirmed a substantial drop in steel output, the inaugural cargo from a major new mine in Africa arrived in China, and port ...
Steel benchmarks on the Shanghai Futures Exchange declined. Rebar shed 1.24 percent, hot-rolled coil slipped 0.91percent, wire rod fell 4.57percent and stainless steel lost 0.37 percent.
Iron ore has been the worst-performing industrial metal this year, with prices down more than 20% year-to-date in November. We believe downside risks are likely to prevail in 2025 amid subdued steel ...
On 30 January 2026, China Baowu Resources Co., Ltd.—the core resource operations platform of the world's largest steel ...
Iron ore sank for a fifth day as Beijing confirmed a big drop in steel production and the inaugural cargo from a major new mine in Africa arrived in China.
The iron ore market is experiencing volatility due to new tariffs on Chinese steel imposed by countries like Vietnam and South Korea. Fluctuations in iron ore prices are also attributed to changes in ...
Iron Ore Concentrate Prices in Shandong May Fluctuate in the Doldrums] In Shandong, mines and beneficiation plants quoted 64-grade alkaline powder at 868 (down 6) on a dry basis, pre-tax, and ...
Most African countries have in-use steel stocks below 1 tonne per capita—less than one-twentieth of industrialised levels.
SINGAPORE: Dalian iron ore futures fell on Friday, as China’s portside iron ore inventories accumulate towards ...
Iron ore prices have seen some degree of volatility in the last fortnight or so. Experts attribute the moves to a combination of factors, the most critical being the imposition of tariffs on certain ...
In a letter to the federal government, Beijing warned its steel sector was reliant on Australian iron ore and rejected ...