Iron ore futures continued to decline on Wednesday as market sentiment was weighed down by speculation about potential steel production cuts in China. According to several Chinese steel traders, the government is…
Dalian iron ore futures fell on Monday as growing protectionist measures against Chinese steel dampened market sentiment. Vietnam, the largest market for Chinese HRC, has announced temporary anti-dumping duties on HRC…
Iron ore futures rose on Friday, driven by recovering steel demand and expectations of further stimulus, boosting market sentiment. Steel demand in China rebounded sharply this week, particularly for rebar, which…
The Australian government has allocated AUD 1 billion (USD 636 mln) to support the development of green iron manufacturing and its supply chains, according to an official statement. Of the total allocation, up to AUD…
Iron ore futures surged on Thursday, driven by strong steel demand and improved market sentiment. According to market insiders, domestic steel demand remains robust, particularly in the rebar segment, where trades have…
Iron ore futures extended gains on Wednesday, driven by cautious optimism over improving steel demand and expectations of stimulus measures. China's iron ore imports are expected to be impacted by recent supply…
Iron ore futures rebounded on Tuesday as improving steel demand lifted market sentiment. Industry insiders noted a pickup in downstream steel consumption this week, providing further support to iron ore prices. Adding…
Iron ore futures fell on Monday as supply concerns eased following the reopening of Western Australia's Port Hedland, the world's largest iron ore hub. The port resumed operations after Tropical Cyclone Zelia passed…
Dalian iron ore futures continued to decline on Friday as weak steel demand and escalating trade tensions weighed on market sentiment. Steel consumption in China remained sluggish after the Lunar New Year holidays…
Iron ore futures fell on Wednesday as escalating trade tensions and concerns over excess steel supply weighed on market sentiment, despite supply disruptions in Australia. The White House announced that President Donald…
Iron ore futures recovered on Wednesday as supply concerns resurfaced, lifting commodity markets after a sharp decline triggered by former U.S. President Donald Trump's announcement of tariffs on steel and aluminum…
Qatar Steel and Bahrain Steel have signed a USD 1.266 bln agreement to supply five mln tons of steelmaking raw materials over five years, Qatar's Ministry of Commerce and Industry announced. The partnership ensures a…
Iron ore futures reversed earlier gains and declined on Tuesday as demand concerns grew following new steel tariffs announced by U.S. President Trump. Futures had risen in the morning session due to supply disruptions…
Iron ore futures rose on Monday as improving market fundamentals boosted sentiment, despite renewed tariff threats from U.S. President Trump. Trump announced plans to impose new 25pct tariffs on all steel and aluminum…
Iron ore futures extended gains on Friday, driven by improved market fundamentals and positive sentiment. Steel production increased this week following the Chinese New Year holidays, with several blast furnaces ramping…
Iron ore futures rose on Thursday, driven by concerns over supply disruptions in Australia. Rio Tinto, a major iron ore supplier, announced that it had begun clearing vessels from two Western Australian ports as it…
ADQ, a global sovereign investor focused on infrastructure and supply chains, has partnered with Orion Resource Partners, a leading metals and materials investment firm, to launch a 50-50 joint venture in Abu Dhabi. The…
Iron ore futures declined in post-holiday trading on Wednesday, as the market opened cautiously, assessing trade tensions between the U.S. and China and the near-term outlook for steel demand. The latest round of…
India's Larsen & Toubro (L&T) announced that its Minerals & Metals (M&M) business has secured a contract to build a pellet plant and a direct reduction iron (DRI) plant in the Middle East & North Africa (MENA) region…
India's state-owned iron ore miner NMDC reported a 12.3 pct YoY increase in production, reaching 5.1 mln tons in January 2025, up from 4.54 mln tons in the same month last year, according to a stock exchange filing…