Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures fell on Wednesday as a cautious sentiment gripped the market ahead of the holidays. The decline was fueled by comments from former U.S. President Donald Trump about potentially imposing a 10pct tariff…
Dalian iron ore futures continued to rise on Tuesday, driven by improving fundamentals that boosted market sentiment, despite ongoing concerns about demand. The iron ore market received support from rising steel…
Iron ore futures edged higher on Monday as a drop in weekly shipments from major miners to China supported positive sentiment. However, long-term uncertainties limited the gains. According to SMM shipping data, global…
Iron ore futures prices rose on Friday, driven by a batch of improved economic indicators that boosted market sentiment. China's December economic data significantly outperformed analysts' expectations, with Q4 GDP…
Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's crude steel output, among the member mills of…
Iron ore futures posted gains on Wednesday, driven by improved macroeconomic fundamentals. Chinese banks extended 990 bln yuan (USD 135 bln) in new loans last month, up from 580 bln yuan in November 2024, positively…
Iron ore futures extended their gains on Tuesday, bolstered by expectations of additional stimulus from Beijing. China plans to introduce various measures to counter the effects of anticipated U.S. tariffs and a…
Iron ore futures rose on Monday, driven by expectations of additional stimulus from Beijing, though concerns about demand persist. The central bank chief of China expressed confidence in the country's ability to support…
Iron ore futures edged higher on Friday as the market remained cautious amid slowing demand, despite the recent stimulus measures announced by Beijing. The iron ore market continues to face challenges due to high port…
Iron ore futures rebounded on Thursday as the market weighed recent stimulus measures from Beijing, despite ongoing concerns about steel demand. According to an official policy document, China has broadened the scope of…
Dalian iron ore futures fell for the fourth consecutive session on Wednesday, as the latest stimulus measures from Beijing failed to boost market sentiment. According to a Reuters report, an official policy document…
Iron ore futures continued their downward trend on Tuesday, weighed down by persistent concerns over demand. The market faced headwinds from higher port-side inventories and weak steel demand. Additionally, the absence…
Iron ore futures fell on Monday, weighed down by weak fundamentals that continued to dampen market sentiment. The declining steel output due to weak demand and higher port-side iron ore inventories have kept the demand…
Iron ore futures fell on Friday as reduced steel production and sluggish steel demand dampened market sentiment. Higher port-side iron ore inventories and persistent challenges in the property sector, a key steel…
Iron ore futures gained ground on Thursday in post-New Year holiday trading, buoyed by expectations of steady near-term demand. Chinese steel mills are likely to accelerate restocking their iron ore inventories ahead of…
Iron ore futures surged on Tuesday, buoyed by improved market sentiment, yet they recorded a significant yearly decline attributed to ongoing economic challenges and weak market fundamentals. Optimism followed Chinese…
Iron ore futures recorded gains on Monday, but the demand outlook remains uncertain due to weakening steel demand. Steel consumption typically slows during the winter months as downstream activities, particularly…
Iron ore futures declined on Friday as a weak demand outlook weighed on market sentiment. Maintenance shutdowns at several blast-furnace-based steel mills are expected to further reduce steel production, dampening iron…
India has announced restrictions on the import of low-ash metallurgical coke, according to a notification from the Directorate General of Foreign Trade (DGFT). From January to June 2025, imports will require…
Iron ore futures were almost steady on Thursday, as weak steel demand balanced restocking activity by Chinese steel mills. Seasonal slowing in steel demand during winter dampened market sentiment. High port inventories…
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