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859 news items in Iron ore. Show all
China's iron ore futures remained under pressure on Friday as weak steel mill profitability, expectations of rising global supply and cautious market sentiment weighed on prices. Steelmakers continue to face squeezed…
China's iron ore futures came under renewed pressure on Thursday as the market reopened after the week-long National Day holiday, with weak steel demand, rising inventories and poor mill profitability weighing on…
Indian state-owned steel producer Steel Authority of India Ltd (SAIL) achieved its best-ever April-September performance across several production, sales and efficiency parameters in the first half of FY27. SAIL…
India's state-owned NMDC increased iron ore production by 23pct YoY to 27.27 mln tons in April-September of fiscal 2026-27, compared with 22.20 mln tons in the same period of FY26, according to an exchange filing…
India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans to reduce emissions and secure supplies of key raw materials, Reuters reported on…
Egypt's Ministry of Industry has signed a memorandum of understanding (MoU) with Finnish mining technology company Metso to provide technical and operational support for mineral processing and extraction, focusing on…
China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious mill procurement continued to limit gains. China's…
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support. Market participants said narrowing steel mill margins and subdued iron…
Essar Group-backed Mesabi Metallics plans to invest USD 15 bln in a new steel complex in Iowa, US, integrating the facility with its iron ore mine in Minnesota to establish a domestic mine-to-steel supply chain. The…
China's iron ore futures fell on Monday as pre-holiday restocking demand weakened, while weak steel demand continued to weigh on the market. Market insiders said pre-holiday restocking has largely run its course…
NMDC Limited has commissioned an integrated project connecting its iron ore operations at Bacheli in Chhattisgarh with its steel plant complex at Nagarnar. The project comprises a new iron ore processing plant at…
China's iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel demand and high iron ore inventories at Chinese ports. Market…
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive long-term offtake…
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and pellet plant to start up in the US in 50 years. The company completed its first…
China's iron ore futures edged higher on Wednesday as concerns over Brazilian supply provided support, although weakening steel mill profitability and expectations of lower steel output limited the upside. Market…
China's iron ore futures declined on Tuesday as ample supply and rising port inventories weighed on sentiment, although pre-holiday restocking by steel mills and high freight costs continued to provide support. Chinese…
India's largest iron ore producer NMDC is targeting production of 60 mln tons this fiscal year to meet growing demand from domestic steelmakers, Chairman Amitava Mukherjee said. NMDC produced 53.15 mln tons of iron ore…
China's iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited upward momentum. Analysts said steel mills are…
China Baowu and BHP have renewed their steel decarbonization partnership through a new five-year Memorandum of Understanding (MoU), extending collaboration that began in 2020. The partners will continue working on…
China's iron ore futures moved higher on Friday, but the wider ferrous complex came under pressure as coking coal and coke prices fell sharply following renewed expectations of improved coal supply. Weak steel demand…
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