Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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642 news items in Global Prices. Show all
Iron ore futures inched higher on Wednesday, supported by a pickup in steel production, though demand concerns continued to cap gains. The China Iron & Steel Association (CISA) reported that its member mills produced an…
Iron ore futures extended gains on Tuesday as lower shipments from major miners provided support, although the market's longer-term outlook remains uncertain. Analysts reported a week-on-week decline in supply from…
Iron ore futures edged higher on Monday, supported by tighter supply and expectations of fresh policy measures from Beijing, though the market's longer-term outlook remains uncertain. Traders reported a week-on-week…
Iron ore futures remained subdued on Friday, extending losses for a second consecutive session as weak steel demand continued to pressure prices, even though the most-traded contract still posted a modest week-on-week…
Iron ore futures slipped on Thursday as rising global supply and soft steel demand continued to weigh on sentiment, though restocking by some Chinese mills helped limit the decline. Prices also found some support from a…
Iron ore futures edged higher on Wednesday, supported by steady near-term demand, though a bearish outlook continues to cap gains. Some Chinese steel mills are replenishing iron ore inventories ahead of the winter…
Iron ore futures continued to rise on Tuesday, supported by short-term restocking ahead of the winter season, though a fragile demand outlook kept gains in check. Analysts said mills are replenishing inventories to…
Iron ore futures jumped on Monday as expectations of new economic stimulus from Beijing boosted market sentiment. Commodity markets gained after China's finance minister signalled that fiscal policy will be strengthened…
India's state-owned iron ore producer NMDC has increased its lump ore prices while leaving fines unchanged, the company said in a stock exchange filing. Lump ore prices were raised by INR 50 (USD 6.2) per ton, bringing…
Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted that some Chinese steel mills are replenishing…
Taiwan's China Steel Corp (CSC) will keep its domestic list prices unchanged for December, the company said, citing a mixed outlook for global and regional demand. CSC noted that although US interest-rate cuts may…
Iron ore futures stayed under pressure on Thursday as a bearish demand outlook continued to weigh on sentiment. Analysts noted that soft steel demand has largely been priced in, but the absence of strong positive…
Iron ore futures advanced on Wednesday, although uncertainty persists over the demand outlook. Market participants said prices were partly supported by expectations of fresh stimulus and relatively firm production…
Iron ore futures traded in a narrow range on Tuesday, as persistent demand uncertainty kept market sentiment subdued. Traders expect milder-than-anticipated output curbs by Chinese authorities, given that steel…
Iron ore futures traded in a narrow range on Monday, with improved macroeconomic sentiment providing some support, while weak fundamentals limited gains. China's consumer price index (CPI) rose 0.2pct YoY in October…
Iron ore futures declined on Friday as weak demand and reduced steel output weighed on market sentiment. Chinese steel production continues to slow, with mills cutting output due to shrinking profitability and soft…
Iron ore futures rose for the first time this week on Thursday, supported by restocking activity at some Chinese steel mills taking advantage of lower prices. However, gains were limited by persistent demand concerns…
Iron ore futures continued to fall on Wednesday as sluggish steel demand and reduced mill production kept market sentiment bearish. Chinese steelmakers have been scaling back operations due to shrinking margins, while…
Iron ore futures extended losses on Tuesday as disappointing manufacturing data and weak market fundamentals deepened concerns over steel demand in China. The RatingDog China General Manufacturing PMI, compiled by S&P…
Iron ore futures declined on Monday, pressured by weak steel demand and falling production in China. Rising inventories at major Chinese ports and cautious restocking by steel mills have further dragged down prices…
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