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…
China's steel exports surged by 16.5pct in June YoY, reaching 8.75 mln tons, although this was a decrease from May's 9.63 mln tons. Data from the General Administration of Customs showed that in H1 2024, steel exports…
Iron ore futures recovered on Thursday as the market anticipates Beijing to unveil stimulus measures in a key meeting scheduled from July 15 to July 18. The expectation of stimulus measures is further fueled by…
Iron ore and steel futures markets remained subdued on Wednesday due to persistent weak fundamentals. Major steel producer Baosteel decreased HRC prices by 100 yuan per ton for August sales in the domestic market…
Dalian iron ore futures continued to decline on Tuesday, weighed down by demand concerns. The increase in iron ore imports and the already high inventory levels at Chinese ports have further worsened the outlook for…
Iron ore futures dropped on Monday as weak fundamentals, driven by sluggish steel demand, weighed on market sentiments. Concerns over long-term demand outlook were exacerbated by mounting port-side iron ore inventory…
Iron ore futures dropped on Friday due to weak steel output figures and slow steel demand, negatively impacting market sentiment. Based on recent figures released by the China Iron and Steel Association (CISA), major…
Fortescue and Liebherr Mining have announced a partnership to jointly develop and validate a fully integrated Autonomous Haulage Solution (AHS), aiming to be the first to operate zero-emissions vehicles globally. Zero…
Iron ore futures saw their fifth consecutive session of gains on Thursday, buoyed by robust short-term demand and ongoing expectations of further stimulus measures. Chinese steel producers are maintaining production…
Iron ore futures continued to post gains on Wednesday, driven by near-term demand and expectations of additional stimulus from a key government meeting scheduled for mid-July. Improved data from the real estate sector…
Vallourec, a global leader in premium tubular solutions, has secured approvals from Brazil's state environmental authority (COPAM) and federal mining regulator (ANM) to proceed with the first phase extension of its Pau…
Dalian iron ore futures extended their gains on Tuesday, driven by expectations of additional stimulus measures. Despite the traditional summer slowdown in construction activity leading to weaker steel demand and…
Iron ore futures prices rose on Monday, buoyed by positive manufacturing data and hopes for additional stimulus measures. The Caixin/S&P Global manufacturing purchasing managers' index (PMI) increased to 51.8 in June…
Tega McNally Minerals (TMML), a subsidiary of Tega Industries and formerly known as McNally Sayaji Engineering, has entered a consortium agreement with NMDC for the design, manufacturing, supply, erection, testing, and…
Iron ore futures extended gains on Wednesday, buoyed by hopes of stimulus measures for the troubled property sector. However, demand concerns persist due to high portside inventory and a seasonal slowdown in steel…
Iron ore futures plunged on Monday as the traditional slowdown in steel demand, weighing on market sentiments. Despite a recent weekly drop, mounting iron ore inventory at Chinese ports continues to pressure iron ore…
Iron ore futures fell on Friday as market sentiments remained negative due to potential steel output curbs and a slowdown in steel demand, which continued to pressure the futures market. Other raw material and steel…
Iron ore futures extended their gains on Friday, buoyed by increased steel output, though the demand outlook remained bleak due to weak fundamentals. According to the China Iron and Steel Association (CISA), member…
Iron ore futures extended losses on Wednesday, as market sentiments remained negative despite improved economic data. China's factory price deflation eased slightly, and the consumer price index increased marginally…
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