Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
859 news items in Iron ore. Show all
Adani Ports and Special Economic Zone (APSEZ), NMDC and Vale have signed a Memorandum of Understanding (MoU) to collaborate on iron ore-related opportunities, marking a significant step toward strengthening India-Brazil…
India's Lloyds Metals and Energy Limited has incorporated a step-down subsidiary, Virtus Lloyds Resources FZCO, in the Dubai Multi Commodities Centre (DMCC) Zone, United Arab Emirates, following its recent intimation…
Lloyds Metals and Energy Limited (LMEL) has signed a 10-year contract with Harsco Environmental, a division of Enviri Corporation, to provide metal recovery and slag processing services at LMEL's integrated steel plant…
Jindal Pelletizing LLC (JPL), a subsidiary of Jindal Steel Oman, has placed a purchase order for an initial 500-ton trial shipment of processed manganese ore from Kenya, marking a first step toward sourcing manganese…
Algeria is developing a 200-MW solar power plant in Tindouf province to support the Gara Djebilet iron ore project as part of its strategy to expand renewable energy use in the mining sector. Construction of the solar…
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead of China's week-long holiday starting next week…
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted activity in the physical steel market has kept Chinese…
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons, according to company data. In the fourth quarter of 2025, pellet production in Oman…
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals continued to cap any upside. The People's Bank of…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has raised prices for both iron ore lump and fines by INR 100 (USD 1.1) per ton, according to a stock exchange filing. Under the…
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical steel market ahead of the Chinese New Year holidays. Prices…
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at major Chinese ports, coupled with rising global supply and a…
Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore futures remained under pressure due to higher port-side…
Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising global shipments and higher inventories at Chinese ports are…
ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports remain a key overhang, limiting price support…
India's state-owned miner NMDC Ltd produced 5.56 mln tons of iron ore in January 2026, up 9pct YoY from 5.1 mln tons, according to a stock exchange filing. Iron ore sales also rose nearly 7pct YoY to 4.48 mln tons…
UK-based Binding Solutions Limited (BSL) has completed a USD 5 mln equity fundraising round led by existing shareholders, including Mitsui Iron Ore Development Pty. Ltd. and Champion Iron, to accelerate the…
Iron ore futures declined on Tuesday as persistent demand weakness and ample supply continued to weigh on market sentiment. Higher shipments from major miners, combined with rising inventories at Chinese ports, kept…
The Algerian government has officially launched the 950-km Bechar-Tindouf-Gara Djebilet mining railway, a major infrastructure project designed to support the development of the Gara Djebilet iron ore mine. The railway…
“Premium Content” marks a news item that needs a subscription to read in full.
