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860 news items in Iron ore. Show all
Iron ore futures extended their rally on Friday, driven by solid near-term fundamentals and optimism over potential regulatory action from Beijing aimed at curbing aggressive price competition in the steel sector…
India's iron ore pellet makers have urged the government to curb a surge in imports routed through Oman, which they say originate from Iran despite U.S. sanctions, warning that the cheaper supplies could hurt the local…
Algeria has completed most of a project to build a 1,000-km rail line linking its largest iron ore mine to key industrial areas and export terminals. The official Algerian news agency said that a 135-km line connecting…
Iron ore futures climbed for a third consecutive session on Thursday, supported by growing expectations of fresh stimulus and regulatory action from Beijing aimed at curbing aggressive price competition. Investor…
Iron ore futures extended their gains on Wednesday, supported by firm short-term fundamentals, though gains were limited by mixed economic data and persistent concerns over demand. Despite a decline in overall output…
Iron ore futures edged slightly higher on Tuesday, supported by firm short-term fundamentals, though gains were limited by a weakening demand outlook. Chinese steel mills continue to operate at elevated output levels…
Iron ore futures declined on Monday as weakening demand fundamentals weighed on market sentiment. Data from the China Iron and Steel Association (CISA) showed that average daily crude steel output among key member mills…
Iron ore futures rose further on Friday, supported by firm near-term fundamentals and renewed policy backing from Beijing. Higher production by blast furnace-based steelmakers, driven by strong profit margins, continued…
Jindal Steel has received a letter of intent from the Odisha government for a 50-year mining lease of the Roida-I iron ore and manganese block in Keonjhar district. Spanning 104.84 hectares, the block holds an estimated…
Iron ore futures rallied on Thursday, driven by optimism that Beijing may roll out policy measures to stabilize its industrial sector. Investors responded positively to signals from Beijing, where top officials pledged…
India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price cut of INR 500-600 (USD 5.83-7) per ton, according to a stock exchange filing. Following the…
Iron ore futures climbed on Wednesday, supported by strong steel production, particularly from blast-furnace-based mills that are currently enjoying healthy profit margins thanks to lower raw material costs. The…
Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…
Iron ore futures inched higher on Monday, supported by steady steel production and some encouraging economic indicators, though gains were capped by lingering concerns over long-term demand. China's official…
Iron ore futures rebounded on Thursday, supported by firm near-term fundamentals and growing expectations of economic stimulus, despite lingering concerns over steel demand. Chinese blast furnace-based steelmakers…
Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…
ArcelorMittal has signed an agreement to sell its operations in Bosnia and Herzegovina to Pavgord Group. The deal includes ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining…
Iron ore futures declined on Tuesday, pressured by an increase in shipments from major producers and lingering uncertainty over steel demand. Market sources noted that iron ore shipments from Australia and Brazil surged…
Rio Tinto and Hancock Prospecting will invest USD 1.61 bln to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region, following full State and Federal Government approvals. The project will mine…
In a strategic move to secure key raw materials for steel production and expand into new export markets, several Indian state-owned enterprises are establishing a presence in Dubai. Steel Authority of India Limited…
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