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860 news items in Iron ore. Show all
Iron ore futures edged up on Tuesday amid reports of new housing incentives, despite weakening steel demand. Beijing is considering reducing taxes on home purchases, with Bloomberg reporting that the deed tax in major…
Iron ore futures fell on Monday, weighed down by weak demand fundamentals and a lackluster stimulus package, which dampened market sentiment. Demand for iron ore remains soft, driven by high port inventories and…
Iron ore futures fell on Friday as weak demand fundamentals weighed on the market, with China announcing new stimulus measures after the morning session closed. Beijing introduced a USD 1.4 trillion debt package aimed…
Iron ore futures rose on Thursday as the market continued to hope for additional stimulus to address demand concerns. This week, traders have been looking to Beijing for possible economic support measures, with the…
China's steel exports surged 40.8pct YoY in October, reaching 11.18 mln tons, according to data from the General Administration of Customs. Exports were also up over 10pct compared to the previous month. For the first…
Iron ore futures fell on Wednesday as demand outlook remained uncertain, despite hopes for additional stimulus measures. Rising iron ore inventories, increased imports from major miners, weak margins at steel mills, and…
Terramin Australia Limited announced that Western Mediterranean Zinc Spa (WMZ) has signed an Engineering, Procurement, and Construction (EPC) contract with Sinosteel Equipment & Engineering Co. Ltd. (Sinosteel MECC) to…
Iron ore futures rose on Tuesday, supported by optimism for additional stimulus measures from Beijing, though demand concerns continued to weigh on the market. Chinese Premier Li Qiang expressed confidence in meeting…
Shyam Metalics and Energy Ltd. (SMEL), an Indian steel producer, has officially launched a new blast furnace and sinter plant at its Jamuria facility, as announced in a stock exchange filing. The project, which involved…
Iron ore futures gained on Monday, reversing earlier losses as renewed hopes for economic stimulus offset concerns about weak demand. The Standing Committee of China's National People's Congress (NPC) is meeting from…
Iron ore futures declined on Friday amid a clouded demand outlook, despite encouraging private PMI data and expectations for further economic stimulus. Rising port-side iron ore inventories and seasonal slowdown in…
Iron ore futures fell on Thursday as the market remained cautious amid a mixed demand outlook. However, hopes for further stimulus and strong manufacturing data helped limit losses. High iron ore port inventories and…
Iron ore futures posted slight gains on Wednesday, as optimism over potential stimulus from Beijing helped offset steel demand concerns. Confidence in additional fiscal stimulus grew after a Reuters report spurred price…
Iron ore futures fell on Tuesday, as rising inventory levels and weak steel demand weighed on market sentiment. Increasing iron ore supplies from major miners, combined with already elevated port inventories, have put…
Vale, a leading iron ore miner, and China's Jinnan Iron & Steel Group have announced a partnership to establish Oman's first iron ore concentration plant at Sohar Port and Freezone. With an initial investment of over…
Iron ore futures rose on Monday as renewed expectations of further stimulus from Beijing helped offset concerns about steel demand. According to the National Bureau of Statistics, China's industrial profits fell sharply…
Iron ore futures recovered on Friday, supported by improved production figures, though concerns over steel demand persist. Daily crude steel output among China Iron & Steel Association (CISA) member mills for…
Iron ore futures edged lower on Thursday as concerns over weakening steel demand weighed on the outlook for iron ore. Domestic steel demand is softening, and the upcoming winter season, which typically slows…
India's leading iron ore producer and exporter, the National Mineral Development Corporation (NMDC), has increased prices by INR 600 (USD 7.13) per ton for iron ore lump and INR 400 (USD 4.75) per ton for iron ore…
Iron ore futures extended losses on Wednesday as weakening fundamentals and lower forecasts for China's economic recovery weighed on market sentiment. Shrinking margins for steel mills may lead to reduced output, with…
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