Iron ore futures weakened on Wednesday as expectations of rising global supply continued to pressure the market, while increased blast furnace maintenance at Chinese steel mills added to concerns over near-term demand…
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 futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron ore arrivals in China. Market insiders said heavy rainfall…
Iron ore futures edged higher on Friday as tighter port supplies and continued inventory drawdowns in China lent support to the market, although weak downstream steel demand continued to cap gains. Market insiders said…
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over the medium-term demand outlook. According to the China…
Rio Tinto reported a 6pct YoY increase in Pilbara iron ore production to 162.3 mln tons during the first half of 2026, supported by productivity improvements across its mining operations, while iron ore sales from the…
Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the medium-term outlook. China's crude steel production increased…
Uzbekistan has commissioned its first hot rolled steel sheet production complex following the inauguration of a new casting and rolling facility at the Uzbek Metallurgical Plant (Uzmetkombinat) in Bekabad. President…
Vale has completed a two-year research program with Sultan Qaboos University (SQU) to identify new applications for iron ore by-products, supporting the development of Oman's first iron ore concentration plant at Sohar…
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…
China's steel exports declined 5.6pct YoY to 54.87 mln tons during the first half of 2026, reflecting growing trade barriers in key export markets and disruptions to shipments caused by the Middle East conflict. The…
Metalloinvest has completed the pilot operation of the second crushing and conveyor complex (CCC-2) at its Mikhailovsky Mining and Processing Plant (Mikhailovsky GOK), with the facility reaching its designed monthly…
Iron ore futures fell on Friday as the demand outlook remained weak, with seasonal slowdown in steel consumption continuing to pressure Chinese steel mills' margins. Market insiders said sluggish steel demand and rising…
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 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 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 futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal, although the medium-term outlook remained weak due to soft…
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…
Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high portside inventories, shrinking steel mill margins and…
Mining companies BHP and Rio Tinto, together with Caterpillar, have commenced field trials of two Cat 793 XE Early Learner battery-electric haul trucks at BHP's Jimblebar iron ore mine in Western Australia's Pilbara…