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750 news items from China. Show all

Iron ore futures slip amid steel demand concerns

China China

Iron ore futures edged lower on Thursday as concerns over weakening steel demand weighed on the outlook for iron ore. Domestic steel demand is softening, and the upcoming winter season, which typically slows…

Iron ore futures drop on weak fundamentals

China China

Iron ore futures extended losses on Wednesday as weakening fundamentals and lower forecasts for China's economic recovery weighed on market sentiment. Shrinking margins for steel mills may lead to reduced output, with…

Iron ore futures dip amid slower economic growth

China China

Dalian iron ore futures fell on Friday, as weaker-than-expected economic data and reduced steel production dampened market sentiment. China's economy grew by 4.6pct YoY in Q3, according to official data, but this was…

Iron ore futures slide on excess supply concerns

China China

Iron ore futures declined on Wednesday as the market grew cautious due to rising iron ore supplies from major miners and uncertainty in demand. Both Rio Tinto and Vale reported higher production and shipments in Q3, and…

Iron ore futures slip on demand concerns

China China

Dalian iron ore futures slipped on Tuesday as concerns grew over weaker demand prospects and rising shipments from major iron ore miners. The World Steel Association forecasts a 0.9pct decline in global steel demand to…

Steel exports grew 26 pct in Sept 2024 YoY

China China

China's steel exports surged by 25.93pct in September compared to the previous year, reaching 10.15 mln tons, the highest monthly figure since July 2016, according to data from the General Administration of Customs. In…

Iron ore futures rebound on additional stimulus hopes

China China

Iron ore futures recovered on Friday as markets anticipated further fiscal stimulus announcements by Beijing ahead of a key press conference. China's Finance Minister is set to outline plans to intensify fiscal stimulus…

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