Blastr Green Steel has signed a Letter of Intent (LOI) with Redcar Bulk Terminal (RBT) at Teesside, United Kingdom, to explore the opportunity for RBT becoming the location for Blastr´s pellet plant for supplying…
Ferrexpo Plc, an iron ore pellet producer, announced an 18pct QoQ increase in production during Q2, despite the ongoing conflict in Ukraine and related energy and logistics challenges. The company successfully operated…
Iron ore futures dropped on Friday due to diminishing expectations of broader stimulus measures. Despite the recent slowdown in economic recovery, analysts believe the likelihood of significant stimulus is unlikely, as…
Iron ore futures recorded gains on Thursday, driven by the anticipation of additional stimulus measures aimed at bolstering the country's post-COVID economic recovery. However, concerns persist regarding the demand…
Dalian iron ore futures experienced a slight uptick on Wednesday, however, the overall outlook remains uncertain due to several factors, including the ongoing Tangshan output curbs and a weakening demand for steel…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
Dalian iron ore futures witnessed a drop in Monday's post-holiday trade as weak steel demand overshadowed the rise in steel output China's daily crude steel output reached 2.95 mln tons from June 11 to 20, a 1.11pct…
Union Steel Minister Jyotiraditya M Scindia virtually inaugurated SAIL's INR 149-crore (USD 18 mln) beneficiation project at Kanker, Chhattisgarh. The project includes a silica reduction plant at Dalli iron ore mines…
The world's biggest iron ore miner Rio Tinto said that it had reopened a rail line at its Western Australian operations after a train carrying iron ore near the port of Dampier derailed at the weekend. The line will…
Dalian iron ore futures continued their downward trajectory on Wednesday, as a bleak demand outlook weighed on market sentiment. Hopes for substantial stimulus measures ahead of the Chinese national holidays fizzled…
Metso, a leading industrial company, has recently entered into an agreement with Sinosteel Corporation to deliver seven Larox FFP2512 pressure filtration units for the expansion of Tosyali Algeria’s iron concentrator…
Dalian iron ore futures continued their downward trend on Tuesday despite the Chinese central bank's reduction in a key lending benchmark rates, failing to provide a boost to the futures market. The People's Bank of…
Dalian iron ore futures experience decline as concerns over insufficient government stimulus and downgraded growth forecasts weigh on market sentiment. Goldman Sachs, joining other major investment banks such as UBS…
Dalian iron ore futures extended gains as the Chinese central bank reduced the borrowing cost of its medium-term policy loans for the first time in 10 months. China's medium-term lending facility serves as a funding…
India’s KIOCL Ltd, formerly known as Kudremukh Iron Ore Company Ltd, has announced the resumption of operations at its pellet manufacturing plant in Mangalore. The plant had been temporarily shut down since May 13…
Rio Tinto will partner with Gemco Rail to bring local iron ore rail car manufacturing and bearing maintenance to the Pilbara region in an industry-first. This partnership will enable Gemco Rail to expand its existing…
On Wednesday, Dalian iron ore futures continued their upward trajectory, driven by market optimism surrounding potential stimulus measures following the recent interest rate cut by the People's Bank of China (PBOC). The…
Dalian iron ore futures rebound on Tuesday following the Chinese central bank's decision to reduce a key short-term policy rate aimed at supporting the country's sluggish post-pandemic recovery. The People's Bank of…
JSW Steel has emerged as the "preferred bidder" of mining lease for iron ore mineral in two blocks, located in Goa, stated a regulatory filing made by the Mumbai-headquartered steelmaker on June 12. "The company has…
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