Algeria will begin production at iron ore processing plant at the Gara Djebilet iron ore mine, one of the world's largest deposits, by the end of April 2026, according to Belkacem Soltani, CEO of state-owned Sonarem…
Iron ore futures fell on Monday, pressured by disappointing Chinese economic indicators that reinforced bearish demand expectations. China's property sector, once the country's largest steel consumer, remains a major…
Iron ore futures edged lower on Friday, pressured by weak demand fundamentals that continue to weigh on market sentiment. Both raw material and steel futures struggled this week under multiple headwinds, including…
Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Alkhorayef, inaugurated the third Saudi International Iron and Steel Conference in Riyadh, held under the patronage of the ministry and organized by the…
Iron ore futures fell again on Thursday as concerns over subdued demand continued to weigh on market sentiment. The commodity is under pressure from several headwinds, including renewed U.S.-China tensions and China's…
Iron ore futures fell further on Wednesday, weighed down by concerns over weak demand and broader market headwinds. A key drag on sentiment is the escalating trade tension between the U.S. and China. Both countries have…
Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…
India's Godawari Power and Ispat Limited (GPIL) has announced plans to expand capacity at its Ari Dongri iron ore mine in Chhattisgarh's Kanker district. According to a stock exchange filing, a public hearing for…
Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, has signed a long-term agreement with Oldendorff Carriers to lower carbon emissions in iron ore transport, advancing Salzgitter's drive toward a climate-neutral…
Iron ore futures gained on Monday, supported by robust Chinese steel export figures, even as concerns over soft domestic steel demand persisted. Iron ore futures opened lower in the morning session amid renewed China-US…
China exported 87.95 mln tons of steel in the first nine months of 2025, a 9.2pct increase from 80.55 mln tons a year earlier, according to data from the General Administration of Customs. In September 2025, steel…
Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…
Iron ore futures gained in post-holiday trade on Thursday, supported by restocking demand after China's National Day break. Market sources said some steel mills have resumed iron ore purchases, lending support to…
Rio Tinto, Mitsui, and Nippon Steel will jointly invest USD 733 mln to develop new iron ore deposits under the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia's Pilbara region…
China, the world's largest iron ore consumer, has reportedly instructed its steelmakers to halt purchases from Australian mining giant BHP, according to multiple media reports. The move is linked to a breakdown in…
Brazil's Minerios Itauna Ltda (Minerita) has awarded Metso the supply of key comminution equipment for its greenfield compact iron ore project in Itatiaiucu, Minas Gerais. The plant will target 4.5 mln tons per year of…
India's state-owned NMDC Ltd produced 3.75 mln tons of iron ore in September 2025, up 23.4pct YoY from 3.04 mln tons a year earlier. Sales also rose 9.6pct to 3.88 mln tons. In the first half of FY26 (April-September)…
Iron ore futures declined on Tuesday as disappointing manufacturing data weighed on sentiment. China's manufacturing PMI edged up to 49.8 in September from the previous month but remained in contraction for the sixth…
Nippon Steel Corporation has signed a master agreement with Champion Iron Limited (CI) and Sojitz Corporation to acquire a stake in the Kamistiatusset Iron Ore Project (Kami Project) in Newfoundland and Labrador…
Iron ore futures fell on Monday as demand concerns deepened ahead of China's October holidays. Iron ore consumption has slowed as mills completed restocking before the October 1-8 break, reflected in rising inventories…