Iron ore futures rose on Monday, supported by steady near-term demand, though gains were limited by persistent concerns over future consumption. Chinese steel mills, particularly those using blast furnaces, kept…
BHP has signed a three-year agreement with Metso for the supply of metallic chute liners to support its Western Australia Iron Ore (WAIO) operations in the Pilbara region. Under the deal, Metso will provide a range of…
Dalian iron ore futures rose on Friday, supported by steady steel production and resilient demand. However, the broader market outlook remains uncertain. Chinese blast furnace-based steel mills continue to operate…
DP World Egypt has received the country's largest-ever iron ore shipment at its Ain Sokhna Port, underlining the port's growing capacity to handle diverse vessel types and support Egypt's trade, energy, and tourism…
Malaysian conglomerate Lion Group has signed a memorandum of understanding (MoU) with Algeria's state-owned National Company for Mining Research and Exploitation (Sonarem) to boost cooperation in mining exploration…
Iron ore futures posted modest gains on Thursday, supported by higher steel production. Although overall steel output has slowed, mills are still operating at relatively high levels, limiting the drop in iron ore…
Iron ore futures fell on Wednesday, pressured by weak demand due to a seasonal slowdown in steel consumption. The summer lull has led several steel producers to scale back output, with China's crude steel production…
Jinnan Iron & Steel Group has partnered with Metso for the supply of key process equipment for its upcoming greenfield iron ore concentrator plant in Sohar, Oman. The facility, located about 200 km north of Muscat, is…
Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
India's leading iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price reduction of INR 140-150 (USD 1.63-1.75) per ton, according to a filing with the stock exchange. The…
Iron ore futures fell on Tuesday, weighed down by a bearish demand outlook amid rising shipments and expectations of weakening steel consumption. According to analysts, weekly shipments from key suppliers Australia and…
British Steel has successfully completed a trial using Cold Agglomerated Pellets (CAPs) in its Queen Bess blast furnace at Scunthorpe, marking a key step toward greener ironmaking. Developed by UK-based Binding…
Iron ore futures fell on Monday, pressured by weak economic indicators that dampened market sentiment. China's consumer prices declined for a fourth consecutive month in May, despite government efforts to boost domestic…
China's steel exports rose nearly 9pct YoY in the first five months of 2025, reaching 48.47 mln tons, according to the General Administration of Customs. In May alone, exports grew 9.9pct YoY to 10.58 mln tons, also…
Rio Tinto has officially opened its new Western Range iron ore mine in the Pilbara, with an annual production capacity of up to 25 mln tons. The USD 2 bln project, a joint venture with Baowu (Rio Tinto 54pct, Baowu…
Iron ore futures recovered on Wednesday, although the demand outlook for this crucial steelmaking ingredient remains uncertain. The recent gains were largely driven by profit-taking, as traders capitalized on short-term…