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Iron ore steel news

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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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860 news items in Iron ore. Show all

Iron ore futures slip on demand concerns

China China

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…

Iron ore futures slump on weak steel demand

China China

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 rallies on trade truce extension

China China

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…

Iron & steel exports up 13pct YoY in 4M FY25

Iran Iran

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 rise on firm near-term demand

China China

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…

Iron ore falls as demand outlook remains uncertain

China China

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…

NMDC's iron ore output jumps in July

India India

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 ease on demand uncertainty

China China

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)…

NMDC hikes iron ore prices

India India

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 climb on firm near-term demand

China China

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 extend losses on demand concerns

China China

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…

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