Iron ore futures fell on Thursday as weak steel demand outweighed support from firmer coke and coking coal prices. Crude steel production among China Iron and Steel Association (CISA) member mills fell 3.4pct YoY to 473…
Chinese steel exports to GCC countries declined by 18pct YoY to 4.54 mln tons during the first half of 2026 from 5.54 mln tons a year earlier, according to MEsteel analysis of Chinese customs data covering steel…
Iron ore futures edged higher on Wednesday, supported by firmer coking coal and coke prices, although tight steel mill margins and weak underlying demand continued to limit the upside. Coking coal and coke markets…
Iron ore futures rebounded on Tuesday, supported by supply concerns and renewed expectations of further stimulus from Beijing, although weak downstream steel demand remained a key constraint on the market. The strike at…
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal prices. Chinese steel traders said finished steel…
Jindal Stainless plans to invest INR 900 crore (USD 94.1 mln) to increase its cold rolling capacity in India from 2.05 mln tons per annum to 2.67 mln tons per annum by FY28, managing director Abhyuday Jindal said in the…
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream activity ahead of September also provided some support…
Finnish stainless steel producer Outokumpu will inaugurate a new biocoke agglomeration plant at its Tornio production site, enabling the replacement of fossil coke with biomass-based biocoke in ferrochrome production…
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support. Iron ore fundamentals remained broadly balanced but lacked a strong…
Iron ore futures edged higher on Wednesday, holding near two-week highs as continued strength in coking coal and coke provided cost support, while weak steel demand and ample supply limited further gains. Coking coal…
Iron ore futures rebounded on Tuesday, supported mainly by a sharp rally in coking coal and coke prices, while near-term supply concerns provided additional support. However, persistent oversupply and weak steel demand…
Iron ore futures edged lower on Monday, with the market consolidating after last week's recovery as stable global supply and subdued steel demand outweighed concerns over potential disruptions from industrial action at…
Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex, although weaker Chinese steel production and high port inventories…
Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices supported sentiment, although underlying supply-demand…
Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand and continued supply pressure kept gains limited…
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply, high port inventories and weak seasonal steel demand continued…
Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant seaborne supply, weak seasonal steel demand and falling steel prices continued to weigh on…
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising port inventories and ample…
Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak seasonal steel demand reinforced bearish market sentiment. Market…
Iron ore futures edged lower on Wednesday as high port inventories and sluggish seasonal steel demand continued to weigh on sentiment. Market insiders said iron ore fundamentals remained broadly balanced. Demand…