Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session driven by reports that China's state-owned iron ore buyer had restricted…
India's largest iron ore producer, NMDC, reported a 44.3pct YoY increase in iron ore production to 5.15 mln tons in June 2026, according to provisional company data. Iron ore sales increased 11.2pct YoY to 3.98 mln…
Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade Fortescue iron ore fines from Chinese ports starting July…
Sandvik has secured an order worth approximately SEK 175 mln (USD 18 mln) from Swedish mining company LKAB to supply crushing and screening equipment for its new ore sorting plant in Malmberget, Sweden. The order…
Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment. Demand for finished steel remained subdued, with prices coming under pressure amid ample supply and seasonally…
Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit gains. China's official Purchasing Managers' Index (PMI)…
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron ore continues to face supply-side pressure…
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from the China Iron and Steel Association…
Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment. The seasonal slowdown in Chinese steel consumption has led to rising inventories of finished steel…
Iron ore futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook remained bearish. Market insiders said…
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market confidence. Market analysts said Chinese steel mills are…
India's state-owned iron ore producer NMDC Limited has awarded a contract worth INR 29.77 bln (USD 314 mln), including GST, to railway infrastructure company Rail Vikas Nigam Limited (RVNL) for the development of buffer…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply concerns eased, with…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third quarter. For July…
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns over weakening Chinese steel demand, weighed on market…
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said Chinese steel production may be nearing a…
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property market, once the country's largest steel-consuming…
Swedish mining company LKAB has received an environmental permit for the continued and expanded operation of its Malmberget mining complex, securing the long-term future of one of the country's largest iron ore…
Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment. The market remained under pressure from high iron ore inventories at Chinese ports. Market insiders…
China Baowu and Rio Tinto have successfully completed industrial-scale palletization and hydrogen-based direct reduced iron (DRI) trials in China using Rio Tinto's Pilbara Blend iron ore, marking a significant step in…