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…
Kuminex Steels Pvt. Ltd. has awarded a contract to Metso for the supply of a new traveling grate pelletizing plant in Hospet, Karnataka. The USD 12.7 mln project marks Metso's first modular, compact-sized pellet plant…
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…
Rio Tinto has signed a Joint Development Agreement (JDA) with Australian environmental technology company Calix to support construction of the Zesty (Zero Emissions Steel Technology) demonstration plant in Kwinana…
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…
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…
Ferrexpo has announced that production and exports have been temporarily interrupted after missile strikes on Ukraine's energy infrastructure early on 8 November disrupted power supply to its operations. Power to the…
Oman is well positioned to become a global hub for green iron and steel production, leveraging its industrial base, renewable energy potential, and coordinated national strategy, according to a new report by the…
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…
The Simandou iron ore project, Africa's largest greenfield integrated mining and infrastructure development, has officially commenced operations, marked by an inauguration ceremony at the port of Matakong in Guinea. The…
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…
China's steel exports declined in October as rising protectionist measures and slowing global demand weighed on overseas shipments. Exports fell 12.5pct YoY to 9.78 mln tons and were down 6.6pct from September…
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…
India's state-owned NMDC Ltd produced 4.27 mln tons of iron ore in October 2025, up 4.9pct YoY from 4.07 mln tons a year earlier, the company said in a stock exchange filing. The company's iron ore sales fell 3.5pct YoY…