Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
859 news items in Iron ore. Show all
India's iron ore advantage is shifting from securing sufficient volumes to securing higher-quality ore, as the country plans a major expansion in steelmaking capacity while reducing emissions and reliance on coking…
Iron ore futures rebounded on Tuesday, supported mainly by a sharp rally in coking coal and coke prices, while near-term supply concerns provided additional support. However, persistent oversupply and weak steel demand…
Iron ore futures edged lower on Monday, with the market consolidating after last week's recovery as stable global supply and subdued steel demand outweighed concerns over potential disruptions from industrial action at…
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices by INR 200 (USD 2.1) per ton, effective August 8. Following the revision, NMDC's 65.5pct Fe lump ore (10-40 mm) is priced…
Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex, although weaker Chinese steel production and high port inventories…
China's steel exports declined 4.4pct YoY to around 65 mln tons during the first seven months of 2026, as growing trade barriers and weaker overseas buying continued to weigh on shipments. According to data from the…
Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices supported sentiment, although underlying supply-demand…
Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand and continued supply pressure kept gains limited…
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply, high port inventories and weak seasonal steel demand continued…
Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant seaborne supply, weak seasonal steel demand and falling steel prices continued to weigh on…
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising port inventories and ample…
Fortescue reported record iron ore shipments for the financial year ended June 30, 2026, supported by strong operational performance across its mining, rail and port operations, while maintaining production costs within…
Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak seasonal steel demand reinforced bearish market sentiment. Market…
Iron ore futures edged lower on Wednesday as high port inventories and sluggish seasonal steel demand continued to weigh on sentiment. Market insiders said iron ore fundamentals remained broadly balanced. Demand…
Iron ore futures edged lower on Tuesday as the market struggled to find clear direction, with lower global shipments offset by subdued steel demand and cautious sentiment ahead of potential policy support from Beijing…
Ferrexpo has warned that disruptions to its Black Sea export operations following a drone attack on a vessel carrying its iron ore pellets have materially affected the company's liquidity, with accessible cash expected…
Iron ore futures drifted lower on Monday as sluggish downstream steel demand continued to weigh on sentiment, while investors awaited policy signals from China's Politburo meeting later this week. Market insiders said…
Iron ore futures edged lower on Friday as fresh steel production curbs in Tangshan weighed on the demand outlook, while hopes for fresh policy support ahead of next week's Politburo meeting were tempered by doubts over…
Iron ore futures posted gains on Thursday as expectations of additional Chinese policy support ahead of next week's Politburo meeting lifted market sentiment, while higher freight costs increased the delivered cost of…
Vale's iron ore pellet production at its Oman operations fell sharply in the second quarter of 2026 as the temporary suspension of its Sohar pellet plants amid Middle East tensions weighed on output. Pellet production…
“Premium Content” marks a news item that needs a subscription to read in full.
