Iron ore futures gained on Monday, supported by robust Chinese steel export figures, even as concerns over soft domestic steel demand persisted. Iron ore futures opened lower in the morning session amid renewed China-US…
China exported 87.95 mln tons of steel in the first nine months of 2025, a 9.2pct increase from 80.55 mln tons a year earlier, according to data from the General Administration of Customs. In September 2025, steel…
Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…
Iron ore futures gained in post-holiday trade on Thursday, supported by restocking demand after China's National Day break. Market sources said some steel mills have resumed iron ore purchases, lending support to…
LY Steel has successfully started up a split-type 20-high HZ mill supplied by Primetals Technologies at its facility in Loudi, Henan Province, rolling the first coil of high-quality silicon steel for new energy…
China, the world's largest iron ore consumer, has reportedly instructed its steelmakers to halt purchases from Australian mining giant BHP, according to multiple media reports. The move is linked to a breakdown in…
Iron ore futures declined on Tuesday as disappointing manufacturing data weighed on sentiment. China's manufacturing PMI edged up to 49.8 in September from the previous month but remained in contraction for the sixth…
Chinese steelmaker Shanxi Jingang New Materials Technology has contracted Primetals Technologies to supply a new thin-slab casting and rolling plant using Arvedi ESP (Endless Strip Production) technology at its Jincheng…
Jiangsu Lihuai Steel, a subsidiary of Jiangsu Shagang Group, has ordered a 100 MW-class gas turbine combined cycle (GTCC) power plant from Mitsubishi Power to be built at its steelworks in Huai'an City, Jiangsu…
Iron ore futures fell on Monday as demand concerns deepened ahead of China's October holidays. Iron ore consumption has slowed as mills completed restocking before the October 1-8 break, reflected in rising inventories…
Iron ore futures fell on Friday as slowing demand ahead of China's October holidays weighed on sentiment. The market had been supported earlier in the week by pre-holiday restocking, but sources noted most mills have…
Iron ore futures rose slightly on Thursday, supported by restocking demand ahead of China's National Day holidays (October 1-8), though the longer-term outlook remains bearish. Chinese steel mills continue to replenish…
Iron ore futures were flat on Wednesday as an uncertain demand outlook weighed on sentiment. The market continues to draw some support from restocking ahead of China's October holidays and higher steel production in…
JISCO Hongxing Iron & Steel Co., Ltd. has successfully commissioned its new 4,200mm heavy plate mill, rolling the first plate on 28 August 2025. The project expands JISCO's production capacity beyond the limitations of…
Shougang Jingtang has awarded Fives a contract to supply a new vertical annealing furnace for its continuous galvanizing line No. 9, designed for automotive steel grades with an annual capacity of 450,000 tons. The…
Iron ore futures fell on Tuesday as weak steel demand weighed on market sentiment. Pre-holiday restocking ahead of China's early October holidays provided some support, but sluggish steel consumption and high production…
Wuhan Iron & Steel Co. (WISCO), a subsidiary of China Baowu Steel Group, has signed the Final Acceptance Certificate (FAC) with SMS group for the successful modernization of its No. 2 hot strip mill in Wuhan, China. The…
Iron ore futures rose on Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
China's Ministry of Industry and Information Technology (MIIT), together with four other government bodies, has released a two-year work plan (2025-2026) aimed at stabilizing steel industry growth while tackling…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…