Iron ore futures declined in post-holiday trading on Tuesday, pressured by renewed demand concerns and the U.S. decision to double steel tariffs. Market sentiment was further dampened by escalating trade tensions, as…
Iron ore futures fell on Friday, pressured by declining steel production and subdued market sentiment during pre-holiday trading. Blast furnace-based steel mills are increasingly suspending operations for maintenance…
Hafeet Rail, the cross-border railway developer linking Oman and the UAE, has signed an agreement with Brazilian iron ore producer Itaminas Comercio De Minerios S.A. to develop an integrated, sustainable logistics…
Iron ore futures ended a four-day losing streak on Thursday, lifted by improved market sentiment after a U.S. federal court blocked President Donald Trump's broader tariffs from taking effect. The court ruled that Trump…
Iron ore futures continued to decline on Wednesday as a weak demand outlook weighed heavily on market sentiment. Recent signs of slowing steel production have raised concerns over iron ore consumption. Weaker demand for…
Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun, vice-president of the China Iron and Steel…
Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association (CISA), average daily crude steel output among its…
Iron ore futures declined on Friday, weighed down by softening steel demand and cautious market sentiment. The seasonal slowdown in steel consumption, typical during the summer months, has led to a slower pace of…
Dalian iron ore futures rose slightly on Thursday, supported by firm near-term demand. However, gains were limited due to ongoing uncertainty surrounding long-term demand prospects. Steel production remained elevated…
Iron ore futures inched higher on Wednesday, though market sentiment remained subdued due to a cautious demand outlook. Near-term demand provided some support, as stable profitability encouraged steel mills to maintain…
Iron ore futures saw a modest uptick on Tuesday, supported by firm near-term demand, though broader market gains were limited by long-term economic concerns. Despite a month-on-month dip in steel production for April…
Turkey imported approximately 2 mln tons of iron ore in the first quarter of 2025, marking a 17pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Brazil…
Iron ore futures declined on Monday, pressured by weak economic indicators from China that raised concerns over demand. China's economy showed signs of losing momentum in April amid ongoing trade tensions with the U.S…
Vale has signed a Head of Agreement (HOA) with OQ Alternative Energy (OQAE) during Oman Sustainability Week, marking a key step in its strategy to decarbonize operations and transition to renewable energy in Oman. The…
Iron ore futures slipped on Friday as cautious demand outlook weighed on market sentiment. Earlier in the week, commodity markets had rallied, supported by easing tensions between Beijing and Washington. A decline in…
Iron ore futures posted gains on Thursday, supported by a positive near-term demand outlook following a major easing in trade tensions between the United States and China. However, lingering concerns over long-term…
Stegra CEO Henrik Henriksson announced an agreement in principle with LKAB to begin test deliveries of iron ore pellets by late 2026, following railway track upgrades. The tests aim to validate logistics ahead of…
Iron ore futures jumped on Wednesday, driven by positive market sentiment following a significant easing of trade tensions between the United States and China earlier this week. Beijing and Washington announced major…
Iron ore futures continued their upward momentum on Tuesday, supported by improving trade relations between Beijing and Washington. Market sentiment was lifted after US and Chinese officials announced plans to reduce…
Iran exported USD 918 mln worth of iron ore pellets in the Iranian calendar year 1403 (ended March 20, 2025), according to the Iranian Steel Producers Association (ISPA). The figure marks a 16pct decline compared to the…