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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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750 news items from China. Show all

Iron ore futures drop as demand worries deepen

China China

Iron ore futures declined in post-holiday trading on Tuesday, pressured by renewed demand concerns and the U.S. decision to double steel tariffs. Market sentiment was further dampened by escalating trade tensions, as…

Iron ore futures decline on bearish demand outlook

China China

Iron ore futures continued to decline on Wednesday as a weak demand outlook weighed heavily on market sentiment. Recent signs of slowing steel production have raised concerns over iron ore consumption. Weaker demand for…

Iron ore futures slide as demand outlook darkens

China China

Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun, vice-president of the China Iron and Steel…

Iron ore dips on cautious market sentiment

China China

Iron ore futures declined on Friday, weighed down by softening steel demand and cautious market sentiment. The seasonal slowdown in steel consumption, typical during the summer months, has led to a slower pace of…

Iron ore futures tick up on firm near-term demand

China China

Iron ore futures saw a modest uptick on Tuesday, supported by firm near-term demand, though broader market gains were limited by long-term economic concerns. Despite a month-on-month dip in steel production for April…

Steel output steady in April 2025 - NBS

China China

China's crude steel production held steady in April at 86.02 mln tons, according to data from the National Bureau of Statistics (NBS). Output was down 7pct from March but flat compared to the same month last year. For…

Iron ore futures slip amid weak demand outlook

China China

Iron ore futures declined on Friday as a cautious demand outlook continued to dampen market sentiment. Slowing steel output growth, subdued post-holiday steel demand impacting mill profitability, and a bleak forecast…

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