Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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566 news items in Futures. Show all
Iron ore futures extended losses on Wednesday as weakening fundamentals and lower forecasts for China's economic recovery weighed on market sentiment. Shrinking margins for steel mills may lead to reduced output, with…
Iron ore futures declined on Tuesday as lower steel production and weakening demand dampened market sentiment. In September 2024, China's crude steel output in key steelmaking regions dropped nearly 7pct YoY to 54 mln…
Iron ore futures rose on Monday, supported by Beijing's latest interest rate cut despite ongoing concerns about softening steel demand. China reduced its benchmark lending rates after the central bank lowered interest…
Dalian iron ore futures fell on Friday, as weaker-than-expected economic data and reduced steel production dampened market sentiment. China's economy grew by 4.6pct YoY in Q3, according to official data, but this was…
Steelmaking raw materials and steel futures tumbled on Thursday after the latest stimulus measures targeting China's struggling property sector failed to meet market expectations. Beijing announced plans to nearly…
Iron ore futures declined on Wednesday as the market grew cautious due to rising iron ore supplies from major miners and uncertainty in demand. Both Rio Tinto and Vale reported higher production and shipments in Q3, and…
Dalian iron ore futures slipped on Tuesday as concerns grew over weaker demand prospects and rising shipments from major iron ore miners. The World Steel Association forecasts a 0.9pct decline in global steel demand to…
Iron ore futures rose on Monday, driven by renewed expectations of additional fiscal stimulus from Beijing, following weak economic data that lifted market sentiment. Data from China's National Bureau of Statistics…
Iron ore futures recovered on Friday as markets anticipated further fiscal stimulus announcements by Beijing ahead of a key press conference. China's Finance Minister is set to outline plans to intensify fiscal stimulus…
Iron ore futures continued their decline on Thursday, despite gains earlier in the session, as uncertainty surrounding Beijing's stimulus measures weighed on the market. Futures initially rose after reports that China's…
Iron ore futures extended losses on Wednesday, as the lack of additional stimulus measures dampened market sentiment. The sharp rally seen before the holidays cooled off after a press briefing by the National…
Iron ore futures reversed earlier gains and posted a loss in post-holiday trading on Tuesday, as markets were disappointed by a recent statement from the National Development and Reform Commission (NDRC), which dampened…
Iron ore and other raw materials, along with steel futures, posted sharp gains during pre-holiday trading on Monday, driven by Beijing's latest stimulus measures that have improved market sentiment and the outlook for…
Iron ore futures extended their rally for a fourth consecutive session on Friday, driven by Beijing's recent stimulus measures. This week, China's central bank announced a reduction in the reserve requirement ratio…
Iron ore futures extended gains for a third consecutive session on Thursday, driven by China's pledge for additional stimulus, which restored confidence just as the effects of the latest monetary easing measures began…
Iron ore futures extended gains on Wednesday as Beijing's recent stimulus measures fueled optimism for steel demand. Following Tuesday's broad policy easing, the Chinese central bank cut medium-term lending rates to…
Iron ore futures surged on Tuesday following Beijing's announcement of monetary stimulus aimed at supporting the economy. China's central bank introduced several policy measures, including a cut to the reserve…
Iron ore futures tumbled on Monday as market sentiment weakened due to the absence of new stimulus measures from Beijing. Despite expectations of a rate cut to bolster the economy, the Chinese central bank kept the…
Iron ore futures edged higher on Friday but relinquished some gains by session's end after Beijing maintained its benchmark lending rates. The Chinese central bank maintained the one-year loan prime rate at 3.35pct and…
Iron ore futures gained on Thursday, driven by stimulus hopes despite ongoing demand concerns. The optimism was fueled by the US central bank's decision to cut interest rates for the first time in over four years…
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