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861 news items in Iron ore. Show all
Indian state-owned iron ore miner NMDC reported an 11pct YoY decline in production, totaling 2.17 mln tons in July. In the same month last year, the company produced 2.44 mln tons, according to a BSE filing. However…
Iron ore futures gained on Thursday, driven by a more optimistic short-term demand outlook. The National Development and Reform Commission (NDRC) of China released a survey indicating a cautious optimism for the Chinese…
Dalian iron ore futures fell slightly on Wednesday as weak demand fundamentals overshadowed stimulus hopes prompted by recent manufacturing data. China's manufacturing activity continued its decline for the third…
Iron ore futures fell on Tuesday due to ongoing concerns about weak demand. Weak steel mills' margins and mounting port-side inventories, compounded by increased imports from major miners, dampened market sentiment. The…
India's Jindal Saw reported strong net profit growth for the quarter ending June 30, 2024. Net profit surged 70.5pct YoY to INR 416.4 crore (USD 49.7 mln), while revenue grew 12.1pct YoY to INR 4,984.8 crore (USD 595…
Iron ore futures remained nearly unchanged on Monday, rebounding from earlier losses thanks to strong industrial data. Weak steel demand fundamentals, however, limited gains. Profits at China's industrial companies grew…
Dalian iron ore futures recovered on Friday, buoyed by Beijing's latest stimulus measure, although demand fundamentals remain weak. Chinese authorities announced the allocation of 300 bln yuan (USD 41.4 bln) in…
Steelmaking raw materials and steel futures slumped on Thursday as weak steel demand continued to weigh on market sentiment. According to the China Iron and Steel Association (CISA), daily crude steel output among…
Iron ore and most steel futures extended their losses on Wednesday, pressured by a weakening steel market and ongoing concerns about demand. Higher port-side inventory, despite a slight recent weekly decline, and weak…
Iron ore futures extended losses on Tuesday, with weak demand fundamentals and a lack of stimulus from a key government meeting last week darkening the outlook. China's shaky economic recovery is hampered by weak…
Turkey's iron ore imports reached approximately 879,000 tons in May 2024, marking a 42.6pct YoY increase but a 17.7pct decrease compared to the previous month, according to the Turkish Statistical Institute (TUIK). From…
Iron ore futures edged lower on Monday as Beijing's policy rate cuts failed to lift market sentiment. China's central bank lowered benchmark interest rates on Monday in an effort to boost economic growth. The one-year…
Iron ore futures fell on Friday due to weak seasonal demand for steel and a lack of stimulus measures from Beijing. Commodity markets were underwhelmed as the government's key meeting this week failed to signal any…
The Competition Commission of India (CCI) has approved the indirect acquisition of Arjas Steel Private Limited (ASPL) and its wholly owned subsidiary, Arjas Modern Steel Private Limited (AMSPL), by The Sandur Manganese…
Iron ore futures extended their losses on Thursday, pressured by ongoing weak steel demand. Traditionally, steel demand slows during the summer, but it has been further impacted by heavy rainfall in several regions of…
Iron ore and steel futures slumped on Wednesday as weak demand fundamentals continued to weigh on market sentiment. Weak steel mill margins, driven by sluggish steel demand and mounting iron ore port-side inventory…
Australian miner Rio Tinto reported a 2pct YoY decrease in iron ore output for Q2 2024, producing 79.5 mln tons. The company also saw a 2pct decline in iron ore production for the first half of 2024. Despite…
Iron ore futures declined on Tuesday as demand concerns overshadowed persistent hopes for stimulus measures. According to recent data from the China Iron and Steel Association (CISA), major member steel producers…
Iron ore futures rose on Monday as disappointing economic data fueled hopes for additional stimulus measures from a key meeting this week. China's economy grew 4.7pct YoY in the second quarter, according to official…
Iron ore futures inched up on Friday, driven by expectations of stimulus despite weak fundamentals. Commodity markets are anticipating the announcement of stimulus measures at a key government meeting next week…
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