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750 news items from China. Show all
Iron ore futures climbed on Tuesday, buoyed by market optimism over potential additional stimulus measures. Positive sentiment was sparked by a press briefing from China's top economic planner, which raised expectations…
Iron ore futures rose on Monday, driven by new support measures for China's struggling property sector. Shanghai announced a relaxation of real estate policies, removing the distinction between ordinary and non-ordinary…
Iron ore futures declined further on Friday, pressured by a weak steel demand outlook. Seasonal slowdowns in steel demand during winter added to concerns, while high port-side inventories and rising imports created…
Major Chinese steel producer, Baowu Steel Group has signed two contracts with Tenova, a provider of sustainable solutions for the green transition of the metals industry. The first contract involves the supply of four…
Iron ore futures declined on Thursday as weak demand fundamentals outweighed Beijing's new tax cuts for the property sector. Rising iron ore shipments to China are increasing port inventories, while steel mills face…
Iron ore futures traded within a narrow range on Wednesday as the market struggled for direction amid weak demand and hopes for supportive measures for the property sector. Investors remain optimistic that Beijing will…
Iron ore futures edged up on Tuesday amid reports of new housing incentives, despite weakening steel demand. Beijing is considering reducing taxes on home purchases, with Bloomberg reporting that the deed tax in major…
Iron ore futures fell on Monday, weighed down by weak demand fundamentals and a lackluster stimulus package, which dampened market sentiment. Demand for iron ore remains soft, driven by high port inventories and…
Iron ore futures fell on Friday as weak demand fundamentals weighed on the market, with China announcing new stimulus measures after the morning session closed. Beijing introduced a USD 1.4 trillion debt package aimed…
Chinese steel producer Shougang has selected Danieli's Zero Bucket technology to become the first in China to produce automotive-exposed grades using EAF. Shougang is the first BF-BOF steelmaker in China to achieve…
Iron ore futures rose on Thursday as the market continued to hope for additional stimulus to address demand concerns. This week, traders have been looking to Beijing for possible economic support measures, with the…
China's steel exports surged 40.8pct YoY in October, reaching 11.18 mln tons, according to data from the General Administration of Customs. Exports were also up over 10pct compared to the previous month. For the first…
Iron ore futures fell on Wednesday as demand outlook remained uncertain, despite hopes for additional stimulus measures. Rising iron ore inventories, increased imports from major miners, weak margins at steel mills, and…
Iron ore futures rose on Tuesday, supported by optimism for additional stimulus measures from Beijing, though demand concerns continued to weigh on the market. Chinese Premier Li Qiang expressed confidence in meeting…
Iron ore futures gained on Monday, reversing earlier losses as renewed hopes for economic stimulus offset concerns about weak demand. The Standing Committee of China's National People's Congress (NPC) is meeting from…
Iron ore futures declined on Friday amid a clouded demand outlook, despite encouraging private PMI data and expectations for further economic stimulus. Rising port-side iron ore inventories and seasonal slowdown in…
Iron ore futures fell on Thursday as the market remained cautious amid a mixed demand outlook. However, hopes for further stimulus and strong manufacturing data helped limit losses. High iron ore port inventories and…
Iron ore futures posted slight gains on Wednesday, as optimism over potential stimulus from Beijing helped offset steel demand concerns. Confidence in additional fiscal stimulus grew after a Reuters report spurred price…
China's leading steel producer, Baoshan Iron & Steel (Baosteel), reported a nearly 65pct drop in net profit for the third quarter, primarily due to declining steel prices. In a filing to the Shanghai Stock Exchange, the…
Iron ore futures fell on Tuesday, as rising inventory levels and weak steel demand weighed on market sentiment. Increasing iron ore supplies from major miners, combined with already elevated port inventories, have put…
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