Iron ore futures fell on Monday as expectations of steel production curbs and weak demand weighed on sentiment. Iron ore futures risen earlier in the session, supported by strong Chinese steel output and healthy mill…
Severstal has begun installing the world's largest dry-grinding ball mills at its new iron ore pellet production complex in Cherepovets. The mills, each measuring 6.7 meters in diameter and over 13 meters in length…
Iron ore futures fell on Friday as continued weakness in China's property sector and disappointing economic data dampened market sentiment. According to the National Bureau of Statistics (NBS), China's economy showed…
Iron ore futures fell on Thursday as sluggish steel demand weighed on sentiment. A seasonal slowdown in consumption, compounded by a tropical storm in southern China, has driven a steady buildup of finished steel…
Iron ore futures were flat on Wednesday as traders weighed reports of steel production cuts in China. According to market sources, authorities ordered steel mills in Tangshan, a key steelmaking hub, to temporarily halt…
Iron ore futures surged on Tuesday as the extension of the U.S.-China trade truce boosted market sentiment. The two largest global economies agreed to prolong their truce for another 90 days, until November 10, 2025…
Iran's iron and steel exports rose 13pct YoY in the first four months of the current Iranian year (starting March 21), adding 469,000 tons, according to the Iranian Steel Producers Association (ISPA). The export value…
Iron ore futures gained on Monday, supported by firm near-term demand, though upside was limited by reports of production cuts in a key steel hub. Blast-furnace based steel mills maintained high output levels, buoyed by…
Australia-based iron ore miner Fortescue has secured a 14.2 bln yuan (USD 1.97 bln) syndicated term loan in Chinese currency to fund its decarbonization initiatives and for general corporate purposes. Executive Chairman…
Iron ore futures slipped on Friday, pressured by lingering demand concerns amid excess supply and potential steel output cuts. Brazil, a major exporter, shipped a record 41.1 mln tons of iron ore in July, surpassing its…
India's state-owned NMDC Ltd produced 3.09 mln tons of iron ore in July 2025, up 42.4pct YoY. Sales rose 13pct to 3.46 mln tons from 3.06 mln tons a year earlier. Operating three fully mechanized mines, two in…
Iron ore futures edged lower on Thursday amid lingering concerns over the demand outlook and a decline in Chinese crude steel production. Sentiment was dampened by data from the China Iron and Steel Association (CISA)…
China's steel exports surged 11.4pct YoY in the first seven months of 2025, reaching 67.9 mln tons, according to the General Administration of Customs. In July alone, exports rose 25.6pct YoY to 9.83 mln tons and were…
Iron ore futures edged lower on Wednesday as concerns over demand weighed on market sentiment. The potential for environmentally driven steel production curbs ahead of Beijing's upcoming military event has raised fears…
India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has increased prices by INR 400 (USD 4.55) per ton for August deliveries, according to a filing with the stock exchange…
Iron ore futures extended gains on Tuesday, supported by firm demand and strong fundamentals in the steelmaking sector. A rise in steel production by Chinese mills, driven by healthy profit margins and falling port-side…
Iron ore futures rose on Monday, buoyed by strong near-term fundamentals, though gains were capped by a weaker long-term outlook. Support came from higher steel production, particularly among blast furnace-based…
Iron ore futures slipped on Friday as traders remained cautious over weak demand prospects and the absence of significant stimulus measures from Beijing. Market sentiment had already been weighed down earlier in the…
Iron ore futures fell further on Thursday as demand concerns resurfaced following weaker-than-expected factory activity in China. The country's official manufacturing PMI dropped to 49.3 in July, down 0.4 points from…
NeoSmelt, a low-emissions ironmaking initiative backed by BlueScope, BHP, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has taken a major step forward with the appointment of Tenova as the preferred…