BHP and HBIS Group have signed a new Memorandum of Understanding (MOU) to strengthen their strategic collaboration on decarbonizing the steel value chain. This builds on successful initiatives since their 2021…
Iron ore futures climbed on Friday, supported by restocking activity and anticipation of further economic stimulus. Chinese steel mills increased their iron ore inventories to prepare for potential disruptions during…
Iron ore futures remained unchanged on Thursday, reflecting cautious sentiment in the market despite firm near-term demand. Restocking by Chinese steel mills ahead of winter continues to provide support for prices…
Iron ore futures rose on Wednesday as Chinese steel mills increased restocking efforts ahead of the winter season, partially offsetting the weak steel demand outlook. The market also anticipates potential policy…
Iron ore futures rose slightly on Tuesday, supported by restocking activities from Chinese steel mills ahead of potential winter logistics disruptions. However, gains were limited by a weak outlook for steel demand and…
Iran exported iron ore pellets valued at USD 513 mln during the first seven months of the current Iranian calendar year (March 20-October 21), according to the Iranian Steel Producers Association (ISPA). This marks a…
Iron ore futures rose on Monday, buoyed by restocking activities as steel mills prepared for potential winter disruptions and the upcoming February holiday. This proactive inventory replenishment provided some support…
Iron ore futures fell on Friday, reflecting cautious sentiment about the long-term demand outlook despite steady near-term demand. The decline comes after iron ore prices had risen in the previous four sessions…
Iron ore futures edged higher on Thursday, supported by restocking demand despite lingering uncertainty about demand. Steel mills have started replenishing inventories ahead of potential winter disruptions and the…
Iron ore futures extended gains for the third consecutive session on Wednesday, driven by expectations of economic stimulus. However, gains were capped by concerns over demand. Following Shanghai's recent relaxation of…
Turkey imported approximately 8.14 mln tons of iron ore during the first nine months of 2024, marking a 26pct increase compared to the same period last year, according to data from the Turkish Statistical Institute…
Iron ore futures climbed on Tuesday, buoyed by market optimism over potential additional stimulus measures. Positive sentiment was sparked by a press briefing from China's top economic planner, which raised expectations…
Iron ore futures rose on Monday, driven by new support measures for China's struggling property sector. Shanghai announced a relaxation of real estate policies, removing the distinction between ordinary and non-ordinary…
Iron ore futures declined further on Friday, pressured by a weak steel demand outlook. Seasonal slowdowns in steel demand during winter added to concerns, while high port-side inventories and rising imports created…
Rio Tinto has signed definitive agreements with GravitHy, an early-stage industrial company, to support its steel decarbonization project in France. The partnership will see Rio Tinto supply high-grade direct reduction…
Iron ore futures declined on Thursday as weak demand fundamentals outweighed Beijing's new tax cuts for the property sector. Rising iron ore shipments to China are increasing port inventories, while steel mills face…
Vale and Roheisengesellschaft Saar mbH (Rogesa), a joint subsidiary of Dillinger and Saarstahl AG, have signed a multi-year agreement to supply iron ore pellets, a significant step toward decarbonizing steel production…
Carbon capture and storage (CCUS), once hailed as a key solution for reducing greenhouse gas emissions in steelmaking, is facing growing skepticism, according to a report by the Institute for Energy Economics and…
Iron ore futures traded within a narrow range on Wednesday as the market struggled for direction amid weak demand and hopes for supportive measures for the property sector. Investors remain optimistic that Beijing will…
The investment arm of Abu Dhabi's sovereign wealth fund, Mubadala Capital, is exploring the sale of a Brazilian iron ore port terminal operator. The Rio de Janeiro-based port may be sold alongside the company's iron ore…