Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures rose on Tuesday, supported by a decline in imports and steady domestic steel demand. However, the market remains cautious due to lingering concerns over ongoing China-U.S. trade tensions. Higher…
Iron ore futures edged slightly higher on Monday, buoyed by encouraging loan data from China, though lingering concerns about long-term demand continued to weigh on market sentiment. According to data released by the…
The UK government has temporarily taken control of British Steel to prevent the imminent closure of its blast furnaces and secure critical raw materials for continued operations at the Scunthorpe plant. Parliament…
Iron ore futures advanced on Friday, supported by steady near-term demand even as long-term outlooks remained uncertain. According to the latest steel sector survey from the National Development and Reform Commission…
Iron ore futures rebounded on Thursday, driven by market optimism over potential stimulus measures from Beijing amid escalating trade tensions between China and the U.S., and continued deflationary pressures. U.S…
Iron ore futures continued to decline on Wednesday, weighed down by escalating trade tensions between the U.S. and China, which have intensified concerns over global steel demand. The U.S. confirmed it will impose…
Iron ore futures extended losses on Tuesday as rising trade tensions between the U.S. and China clouded the demand outlook. China vowed to take countermeasures after former U.S. President Donald Trump threatened to…
Iron ore futures tumbled on Monday amid rising tensions between the United States and China, casting a shadow over the global demand outlook. The deepening trade dispute has heightened investor concerns, further weighed…
Iron ore futures dipped on Thursday as market sentiment weakened following the latest U.S. tariff announcement. Global stock markets plunged after U.S. President Donald Trump imposed tariffs on nearly all imports…
Iron ore futures climbed on Wednesday, supported by improving market fundamentals, though demand concerns persist. Rising steel production, driven by seasonal demand and improved mill margins, bolstered market…
Iron ore futures dipped on Friday as market sentiment remained cautious amid a slight rise in port inventories and escalating trade tensions. While the most-traded iron ore contract posted a weekly gain, driven by…
Iron ore futures extended gains on Thursday, buoyed by robust steel demand in China's domestic market, although concerns over long-term demand remain. Inventory levels of major finished steel products in Chinese…
Iron ore futures edged higher on Wednesday, supported by firm near-term demand, though the broader outlook remains uncertain due to steel production curbs by some Chinese mills. Chinese steelmakers have ramped up output…
Iron ore futures rose on Tuesday, supported by strong near-term demand, though gains were limited due to steel output reductions in some regions of China. Expectations of strong steel demand during the spring season and…
Iron ore futures surged on Monday as Chinese steel mills ramped up production, fueling positive market sentiment. However, long-term demand concerns remain. With the anticipation of stronger steel demand in the spring…
Iron ore futures slipped on Friday as Beijing's pledge to cut excess steel capacity and mounting trade barriers on Chinese steel products dampened market sentiment. According to Bloomberg, China's steel industry plans…
Iron ore futures continued to decline on Thursday amid persistent concerns over demand, though strong domestic steel consumption helped limit losses. The outlook for iron ore was further pressured by rising…
Iron ore futures continued to decline on Wednesday as concerns over steel demand persisted following weak property data and rising trade protectionism against Chinese steel products. According to China's National Bureau…
Iron ore futures declined on Tuesday as weak property sector data cast doubt on demand recovery. However, firm steel demand and lower shipments from major iron ore miners helped limit losses. Latest property market…
Iron ore futures fell on Monday as weak steel output and struggling property data in China raised concerns about demand for the key steelmaking raw material. According to China's National Bureau of Statistics (NBS)…
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