China's iron and steel sector reported a 1.9-fold YoY increase in profits during the first three quarters, signaling an improvement from last year, Jiang Wei, vice-chairman and secretary-general of the China Iron and…
Iron ore futures fell on Friday as weak steel fundamentals and soft economic data dampened market sentiment. Iron ore futures rallied earlier in the week on optimism over easing U.S.-China trade tensions, but momentum…
Iron ore futures edged higher on Thursday, supported by easing U.S.-China tensions, though profit-taking later trimmed early gains. The United States and China have agreed to a one-year trade truce following high-level…
Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two largest economies. Market sentiment strengthened ahead of a planned…
Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity, which lifted overall market sentiment. U.S. President Donald Trump…
China's Ministry of Industry and Information Technology (MIIT) has released draft regulations aimed at tightening control over steel production capacity and accelerating the industry's green transition. The proposal…
Iron ore futures climbed on Monday as easing trade tensions between Washington and Beijing boosted market sentiment, though demand concerns continued to weigh on the outlook. Iron ore futures gained after reports…
China's Henan Jiyuan Iron and Steel (Group) Co., Ltd has awarded SMS Concast a contract to modernize its eight-strand continuous caster (CCM#2) at the Jiyuan No. 2 plant. The upgrade aims to boost product quality…
Iron ore futures declined on Friday as persistent demand concerns and shrinking steel mill margins weighed on market sentiment. Market participants reported reduced steel production levels as Chinese mills faced tighter…
Primetals Technologies has commissioned advanced process automation and digital control systems at Rizhao Steel's integrated plant in Rizhao, China, achieving 95pct automation of steelmaking operations. The project…
Iron ore futures extended gains on Thursday, supported by optimism that Beijing may introduce new economic stimulus measures during an ongoing policy meeting this week. The four-day meeting of the Communist Party's…
Henan Fengbao Special Steel Co., Ltd. has awarded Danieli a contract to supply a new three-strand continuous casting machine for high-alloy round billets at its facility in Henan province, China. The caster will produce…
Iron ore futures rose on Wednesday as markets drew optimism from key policy meetings in Beijing, though underlying demand fundamentals remained soft. China's Communist Party began a major gathering on Monday to outline…
Iron ore futures inched higher on Tuesday as markets awaited potential stimulus signals from the ongoing Communist Party Central Committee session, which runs through October 23. Investors are watching closely for…
Iron ore futures fell on Monday, pressured by disappointing Chinese economic indicators that reinforced bearish demand expectations. China's property sector, once the country's largest steel consumer, remains a major…
Iron ore futures edged lower on Friday, pressured by weak demand fundamentals that continue to weigh on market sentiment. Both raw material and steel futures struggled this week under multiple headwinds, including…
HBIS Tangsteel has commissioned the world's largest push-pull pickling line (PPPL) at its Laoting steel plant in Hebei province, with Primetals Technologies receiving the provisional acceptance certificate (PAC) for the…
Iron ore futures fell again on Thursday as concerns over subdued demand continued to weigh on market sentiment. The commodity is under pressure from several headwinds, including renewed U.S.-China tensions and China's…
Iron ore futures fell further on Wednesday, weighed down by concerns over weak demand and broader market headwinds. A key drag on sentiment is the escalating trade tension between the U.S. and China. Both countries have…
Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…