Iron ore futures slipped on Wednesday, reversing earlier gains after a key policy meeting in Beijing concluded without any major stimulus announcements to support economic growth. Chinese leaders signaled they would…
Iron ore futures edged higher on Tuesday, supported by firm short-term fundamentals. Steelmakers using blast furnaces have maintained high production levels, buoyed by healthy profit margins. Additionally, lower…
Coking coal futures slumped on Monday after the Dalian Commodity Exchange (DCE) announced new trading restrictions aimed at curbing speculative activity, prompting investors to take profits. Effective from the night…
Vale's iron ore pellet production in Oman fell nearly 32pct YoY in Q2 2025 to 1.744 mln tons, though it rose 9.3pct compared to the previous quarter. In the first half of 2025, Vale Oman's output declined 11.2pct YoY to…
Iron ore futures fell on Friday as rising supply stoked concerns among traders, although the near-term outlook remains firm due to resilient steel production. Exports from Australia's Port Hedland rose to 49.1 mln tons…
Iron ore futures extended their decline on Thursday, pressured by rising supply from major producers. In contrast, coking coal prices continued to climb amid persistent supply concerns. Brazil's Vale reported a 3.7pct…
Metso has secured an order to deliver sustainable filtration technology for Jindal Steel's iron ore pellet plant in Angul, eastern India. The order includes six fully automatic Larox FFP 3512 filters, part of the Metso…
Coking coal futures surged to the daily upper limit on Wednesday, driven by concerns over potential supply disruptions following reports of a government inspection into coal mine production. According to local media…
Kirloskar Ferrous Industries Limited (KFIL), a leading Indian producer of castings and pig iron, has been declared the preferred bidder for the Jambunatha iron ore mine in Karnataka following an e-auction held on…
Iron ore futures continued to climb on Tuesday, supported by strong near-term demand and optimism around potential stimulus measures. Market sentiment was buoyed by news that China has begun construction on what will…
Champion Iron Limited has signed a definitive framework agreement with Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kami iron ore project in Quebec, Canada. Under the agreement, Nippon Steel…
Metinvest B.V., the parent of the vertically integrated steel and mining group, has secured an EUR 23.6 mln (USD 27.5 mln) buyer credit facility with a term of 11.5 years for its subsidiary, Northern Iron Ore. The…
Iron ore futures surged, supported by the announcement of a major hydropower project and growing optimism over potential government stimulus measures. On Saturday, Chinese Premier Li Qiang announced the launch of a…
BHP Group reported record iron ore production for FY2025, ending June 30, overcoming disruptions from Tropical Cyclone Zelia and Tropical Storm Sean. The ahead-of-schedule ramp-up of the second concentrator at Samarco…
Iron ore futures rose on Friday, supported by firm near-term fundamentals and expectations of upcoming policy support from Beijing. Healthy profit margins have prompted blast furnace-based steel mills to boost…
Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production. A decline in iron ore inventories at major Chinese ports and improved profit margins has encouraged…
Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns. While overall steel production has declined, blast furnace-based producers have maintained high output…
Iron ore futures edged up slightly on Tuesday, buoyed by encouraging economic data from China, though lingering demand concerns limited further gains. China's GDP grew 5.2pct YoY in Q2 2025, according to the National…
Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains. China's exports rose 5.8pct YoY in June 2025 (in USD terms), according to customs data…
China's steel exports rose 9.2pct YoY in the first half of 2025, reaching 58.1 mln tons, according to the General Administration of Customs. In June alone, exports increased 10.7pct YoY to 9.67 mln tons. However, they…