Iron ore futures fell on Friday as slowing demand ahead of China's October holidays weighed on sentiment. The market had been supported earlier in the week by pre-holiday restocking, but sources noted most mills have…
Iron ore futures rose slightly on Thursday, supported by restocking demand ahead of China's National Day holidays (October 1-8), though the longer-term outlook remains bearish. Chinese steel mills continue to replenish…
Turkey imported approximately 5.75 mln tons of iron ore in the first seven months of 2025, marking a 14pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
The global steel sector is navigating a period of significant change, with tariff measures, market restrictions, and the introduction of the Carbon Border Adjustment Mechanism (CBAM) reshaping industry dynamics. For…
Iron ore futures were flat on Wednesday as an uncertain demand outlook weighed on sentiment. The market continues to draw some support from restocking ahead of China's October holidays and higher steel production in…
Iron ore futures fell on Tuesday as weak steel demand weighed on market sentiment. Pre-holiday restocking ahead of China's early October holidays provided some support, but sluggish steel consumption and high production…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports of long steel…
Iron ore futures rose on Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…
Iron ore futures slipped on Thursday as uncertainty over demand persisted. While restocking by Chinese steel mills ahead of the October holidays and expectations of stronger steel demand provided some support, concerns…
China Steel Corp (CSC), Taiwan's largest steelmaker, will raise domestic prices of HRC, plates, CRC, and rerolling-grade HRC by TWD 500 (USD 16.5) per ton for October, while keeping EG, galvanized, and electrical steel…
Iron ore futures remained range-bound on Wednesday as demand concerns weighed on sentiment. Iron ore consumption was supported by Chinese steel mills boosting output after Tangshan lifted environmental curbs, along with…
Iron ore futures rebounded on Tuesday, supported by firm near-term demand, though concerns about the outlook persist. Daily crude steel production at China Iron and Steel Association (CISA) member mills averaged 2.08…
Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain in August, with sluggish domestic demand…
Vale has signed a long-term contract of affreightment (COA) with South Korea's largest shipping company, HMM, worth KRW 430 bln (USD 310 mln). Under the deal, HMM will transport iron ore using five bulk carriers over a…
LKAB's board has approved a SEK 6 bln (USD 646 mln) investment to build a new sorting plant at the Malmberget mine in Gallivare, strengthening production capacity and reducing environmental impact. Construction will…
Iron ore futures closed nearly flat on Friday, with firm near-term demand tempered by sluggish steel consumption. Market sentiment was supported by expectations of resumed steel production after environmental curbs were…
Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced. Rising inventories of finished steel products, particularly long steel, at major Chinese stockists highlighted sluggish domestic…
Metso has inaugurated its Circored pre-reduction pilot plant in Frankfurt, Germany. The investment reflects Metso's commitment to advancing low-carbon technologies and supporting the global transition to fossil-free…
Japan's Mitsui & Co. and Itochu Corporation have signed agreements with BHP to acquire indirect stakes in the Ministers North iron ore deposit in Western Australia, with Mitsui taking 7pct and Itochu 8pct. BHP will…