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…
Vale reported a 4.8pct YoY decline in iron ore pellet production at its Oman operations in the first quarter of 2026, reflecting maintenance activity and disruptions linked to the ongoing Middle East conflict. Output at…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Suez Steel has reported improved energy efficiency at its direct reduction plant (DRP) based on ENERGIRON Zero-Reformer (ZR) technology, achieving high metallization rates with direct hot charging to the meltshop. The…
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength in Chinese steel production and stable domestic…
Taiwanese steelmaker China Steel Corporation (CSC) has increased flat steel prices for May deliveries, citing rising raw material costs and improving market conditions. Hot rolled plates and coils (commercial and…
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 futures post gains on Wednesday, supported by a positive near-term demand outlook, although gains were limited by ongoing supply concerns. Iron ore futures were supported by steady demand from Chinese steel…
Vale has advanced scheduled maintenance at its two iron ore pelletizing plants in Sohar, Oman. The shutdowns, originally planned for later in the first half of the year, were brought forward by several weeks as a…
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…
China's finished steel exports declined 9.85pct YoY to 24.7 mln tons in the first quarter of 2026, according to data from the General Administration of Customs. In March alone, Chinese steel exports totalled 9.13 mln…
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…
Lloyds Metals & Energy Limited has awarded Metso a contract to supply filtration technology for its iron ore concentrate plants at Ghugus, Manikgarh and Konsari in Maharashtra, India. The order value was not disclosed…
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…
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029. The deal includes 25-year contracts for two vessels…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
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…
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…
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…