China's planned steel export licensing system is intended to strengthen monitoring, statistical analysis, and quality oversight of steel exports, rather than restrict shipment volumes, a spokesperson for the Ministry of…
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish. Chinese steel mills have been replenishing raw material stocks ahead of…
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the China Iron and Steel Association…
Iron ore futures fell sharply on Monday as market sentiment deteriorated following Beijing's move to introduce a steel export licensing system aimed at regulating overseas shipments next year. China's Ministry of…
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a bearish outlook for the market. Port-side iron ore stocks have climbed to…
China's Ministry of Commerce will introduce a new steel export licensing system starting January 1, 2026, requiring permits for most steel products in an effort to manage surging shipments and address global oversupply…
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel demand continued to pressure prices, while…
Iron ore futures rebounded on Wednesday after several sessions of losses, supported by growing expectations that Beijing may introduce new stimulus measures following another round of weak economic data. The latest…
Jingjiang Yongjin Metal Technology has issued the final acceptance certificate (FAC) to Primetals Technologies following the successful delivery and installation of a full Level 1 and Level 2 automation system at its…
Iron ore futures fell again on Tuesday, pressured by rising global supply and slowing demand from Chinese steel mills. Sentiment weakened further after reports that Guinea's Simandou project, expected to produce 120 mln…
China's persistent steel overcapacity remains difficult to address, largely because the sector is deeply intertwined with the broader domestic economy. World Steel Association chief Edwin Basson said that shutting mills…
Iron ore futures declined on Monday as falling steel production reinforced a weak demand outlook. According to the China Iron and Steel Association (CISA), daily crude steel output among its member mills fell 6.4% in…
China's finished steel exports rose 7.5pct YoY to 9.98 mln tons in November, also up 2pct from the previous month, according to data from the General Administration of Customs. With shipments reaching 107.7 mln tons in…
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious. Iron ore inventories at major Chinese ports are still rising and, combined with increasing global supply, are…
Iron ore futures fell again on Thursday as rising global supply and lower steel production continued to pressure the market and keep sentiment bearish. Vale cut its 2026 output forecast, citing softer global demand and…
Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government meetings may deliver supportive policy signals…
Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global supply continue to pressure prices, reflecting slower…
Iron ore futures gained on Thursday, supported by moderate steel demand and higher production levels, though the broader outlook remains bearish. Market sources reported a decline in finished steel inventories this…
Swedish steel producer Alleima has strengthened its presence in China with the inauguration of a new production mill in Zhenjiang, a USD 27 mln investment that marks 40 years of the company's operations in the country…
Iron ore futures inched higher on Wednesday, supported by a pickup in steel production, though demand concerns continued to cap gains. The China Iron & Steel Association (CISA) reported that its member mills produced an…