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Iron ore steel news

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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

Iron ore futures extend gains on firm demand

China China

Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…

Iron ore rallies on strong data, macro support

China China

Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…

Iron ore pressured by supply outlook

China China

Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…

Iron ore rises on cost support, steady steel output

China China

Iron ore futures moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…

Iron ore slips on cautious demand outlook

China China

Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…

Iron ore dips on weak demand, high supply

China China

Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…

RPCL to commission pellet plant in Karnataka

India India

Resources Pellets Concentrates Pvt. Ltd. (RPCL), a joint venture between BKG Mining and Fomento Resources, has signed a contract with SMS group for the supply of a compact pellet plant with annual capacity of 2 mln…

NMDC raises iron ore prices

India India

India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton (USD 4.8-5.3), effective 5 April, according to a stock exchange…

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