Iron ore and most steel futures extended their losses on Wednesday, pressured by a weakening steel market and ongoing concerns about demand. Higher port-side inventory, despite a slight recent weekly decline, and weak…
Iron ore futures extended losses on Tuesday, with weak demand fundamentals and a lack of stimulus from a key government meeting last week darkening the outlook. China's shaky economic recovery is hampered by weak…
Iron ore futures edged lower on Monday as Beijing's policy rate cuts failed to lift market sentiment. China's central bank lowered benchmark interest rates on Monday in an effort to boost economic growth. The one-year…
Iron ore futures fell on Friday due to weak seasonal demand for steel and a lack of stimulus measures from Beijing. Commodity markets were underwhelmed as the government's key meeting this week failed to signal any…
Iron ore futures extended their losses on Thursday, pressured by ongoing weak steel demand. Traditionally, steel demand slows during the summer, but it has been further impacted by heavy rainfall in several regions of…
Tokyo Steel, a major EAF-based steel producer in Japan, has decided to maintain stable steel prices for July, marking the sixth consecutive month of price stability. The company will hold prices steady, with HRC at JPY…
Iron ore futures declined on Tuesday as demand concerns overshadowed persistent hopes for stimulus measures. According to recent data from the China Iron and Steel Association (CISA), major member steel producers…
Iron ore futures rose on Monday as disappointing economic data fueled hopes for additional stimulus measures from a key meeting this week. China's economy grew 4.7pct YoY in the second quarter, according to official…
Iron ore futures inched up on Friday, driven by expectations of stimulus despite weak fundamentals. Commodity markets are anticipating the announcement of stimulus measures at a key government meeting next week…
Iron ore futures recovered on Thursday as the market anticipates Beijing to unveil stimulus measures in a key meeting scheduled from July 15 to July 18. The expectation of stimulus measures is further fueled by…
Iron ore and steel futures markets remained subdued on Wednesday due to persistent weak fundamentals. Major steel producer Baosteel decreased HRC prices by 100 yuan per ton for August sales in the domestic market…
Dalian iron ore futures continued to decline on Tuesday, weighed down by demand concerns. The increase in iron ore imports and the already high inventory levels at Chinese ports have further worsened the outlook for…
Iron ore futures dropped on Monday as weak fundamentals, driven by sluggish steel demand, weighed on market sentiments. Concerns over long-term demand outlook were exacerbated by mounting port-side iron ore inventory…
Iron ore futures dropped on Friday due to weak steel output figures and slow steel demand, negatively impacting market sentiment. Based on recent figures released by the China Iron and Steel Association (CISA), major…
Iron ore futures saw their fifth consecutive session of gains on Thursday, buoyed by robust short-term demand and ongoing expectations of further stimulus measures. Chinese steel producers are maintaining production…
Iron ore futures continued to post gains on Wednesday, driven by near-term demand and expectations of additional stimulus from a key government meeting scheduled for mid-July. Improved data from the real estate sector…
Dalian iron ore futures extended their gains on Tuesday, driven by expectations of additional stimulus measures. Despite the traditional summer slowdown in construction activity leading to weaker steel demand and…
Iron ore futures prices rose on Monday, buoyed by positive manufacturing data and hopes for additional stimulus measures. The Caixin/S&P Global manufacturing purchasing managers' index (PMI) increased to 51.8 in June…
Iron ore futures extended gains on Wednesday, buoyed by hopes of stimulus measures for the troubled property sector. However, demand concerns persist due to high portside inventory and a seasonal slowdown in steel…
Iron ore futures plunged on Monday as the traditional slowdown in steel demand, weighing on market sentiments. Despite a recent weekly drop, mounting iron ore inventory at Chinese ports continues to pressure iron ore…
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