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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

Steel exports decline in Jan-May 2026

China China

China's steel exports declined by 8.1pct YoY to 44.55 mln tons during the first five months of 2026, according to data released by the General Administration of Customs. In May, steel exports totaled 10.34 mln tons…

NMDC's iron ore output rises in May, sales decline

India India

India's largest iron ore producer, NMDC, reported a 19.9pct YoY increase in iron ore production to 5.31 mln tons in May, according to provisional company data. However, sales declined by 6.9pct YoY to 4.04 mln tons…

Iron ore under pressure from weak demand outlook

China China

Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market sentiment. Market insiders noted that steelmakers are facing…

Iron ore declines amid weak steel demand outlook

China China

Iron ore futures declined on Wednesday as concerns over weakening steel demand continued to weigh on market sentiment. The outlook for iron ore remained under pressure amid expectations of slower steel consumption…

NMDC raises iron ore prices for June

India India

India's National Mineral Development Corporation (NMDC) has raised domestic iron ore prices effective June 3, increasing lump ore prices by INR 200 (USD 2) per ton and fines prices by INR 150 (USD 1.56) per ton…

ISMQ reports 47pct decline in nine-month profit

Egypt Egypt

Egypt's Iron & Steel for Mines & Quarries (ISMQ) reported a net profit after tax of EGP 229.3 mln (USD 4.42 mln) for the first nine months of fiscal year 2025/26, down 47pct from EGP 432.0 mln recorded in the…

Iron ore gains as coking coal extends rally

China China

Iron ore futures post gains on Tuesday, supported by a continued rally in coking coal prices, although the broader outlook for the steelmaking raw material remained pressured by concerns over weakening steel demand and…

Iron ore futures weaken on rising supply concerns

China China

Iron ore futures remained under pressure on Friday amid rising supply levels and concerns over steel demand, although losses were limited by relatively firm near-term consumption. Higher shipments from major miners and…

Iron ore futures down as seasonal slowdown weighs

China China

Iron ore futures declined on Thursday as concerns over weaker steel demand continued to weigh on market sentiment. Some Chinese steel traders said that domestic steel demand remains relatively stable, though rising…

Iron ore futures down amid rising supply

China China

Iron ore futures remained under pressure on Monday amid continued uncertainty surrounding China's steel demand outlook and rising supply pressure from major miners. Market sentiment was weighed down by increased iron…

Iron ore market pressured by high inventories

China China

Iron ore futures declined on Friday, pressured by high port-side inventories in China and concerns over the steel demand outlook, although relatively firm steel production levels limited losses. Market participants said…

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