India is encouraging companies to acquire iron ore, coking coal, and other key raw material assets overseas to support its expanding steel sector, Steel Secretary Sandeep Poundrik said, according to Reuters. "We are…
Iron ore futures declined on Friday, pressured by persistent concerns over long-term demand, even as near-term buying interest remained solid. The iron ore and steel markets faced headwinds throughout the week due to…
Iron ore futures declined on Thursday, as market sentiment remained cautious despite steady short-term demand ahead of the Labour Day holidays. A rebound in iron ore supplies from major miners added pressure to prices…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
Iron ore futures jumped on Tuesday, driven by optimism around easing U.S.-China trade tensions and robust near-term demand, which boosted market sentiment. U.S. President Trump signaled a potential softening in the…
Iron ore futures posted modest gains on Tuesday, supported by near-term demand, even as market sentiment remained cautious due to a rise in protectionist measures targeting Chinese steel exports. India recently imposed…
Iron ore futures rose on Monday, supported by resilient short-term demand and optimism over potential stimulus measures, even as long-term demand concerns persisted. Chinese steel production remained elevated…
Iron ore futures declined on Friday, pressured by ongoing concerns over the global demand outlook, even as short-term demand remains relatively strong. Trade tensions between Beijing and Washington, coupled with…
Iron ore futures ended nearly flat on Thursday, with short-term fundamentals providing support, though uncertainty over the long-term outlook continued to weigh on sentiment. The market found support from falling steel…
Iron ore futures traded in a narrow range on Wednesday, as the market weighed mixed signals. While higher steel production and encouraging economic data lent some support, lingering trade tensions between China and the…
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…
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…