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Iron ore steel news

859 news items

Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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859 news items in Iron ore. Show all

Iron ore extends losses on weak demand outlook

China China

Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of rising global supply kept sentiment weak. Market insiders…

Iron ore gains on near-term supply concerns

China China

Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill profitability. Iron ore prices found support after workers at BHP's…

NMDC cuts domestic iron ore prices

India India

India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices effective July 10, lowering lump ore prices by INR 250 (USD 2.6) per ton and fines prices by INR 150 (USD 1.56) per ton…

Iron ore edges higher, weak fundamentals cap gains

China China

Iron ore futures rose slightly on Friday, supported by expectations of tighter near-term supply, although weak steel demand and declining hot metal output continued to limit further gains. Markets continued to balance…

Iron ore rises slightly, demand concerns remain

China China

Iron ore futures edged higher on Thursday, supported by concerns over a potential supply disruption at BHP's Port Hedland operations in Western Australia, although weakening steel demand continued to limit price gains…

Iron ore slips on weak demand outlook

China China

Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain. Market sources said the seasonal slowdown in steel consumption has…

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