Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment. Earlier this week, iron ore futures were supported by concerns over potential…
Iron ore futures rose slightly on Thursday, supported by concerns over supply disruptions in Australia following the closure of key ports in the Pilbara region due to a tropical cyclone. Pilbara Ports said operations at…
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated an emergency response to air…
Iron ore futures extended gains on Tuesday, supported by improving steel production in China, although higher port-side inventories limited further upside. Market participants said iron ore demand remains firm as…
Iron ore futures rose on Monday, while coking coal prices surged, supported by rising energy and freight costs driven by ongoing Middle East tensions. The Middle East conflict has significantly disrupted natural gas and…
Leading Chinese steelmaker HBIS Tangsteel, part of HBIS Group, has commissioned a new slab caster supplied by Primetals Technologies at its Laoting plant in Hebei province. The new caster has an annual capacity of 2.4…
Iron ore futures retreated on Wednesday as cautious sentiment over demand outlook weighed on the market. High port-side inventories in China continued to act as a key headwind, while rising global supply remains a…
Iron ore futures increased on Tuesday, supported by a stronger outlook for steel demand and improved market sentiment. Market participants in China reported firmer domestic demand for finished steel, particularly long…
China's Xiangtan Iron & Steel (Group) Co., Ltd. has awarded SMS group a contract to supply a four-strand bloom caster (CCM#12) for its existing BOF shop in Xiangtan city. The new caster will produce ultra-high-quality…
Iron ore futures declined on Monday as lower Chinese steel production and rising supply weighed on market sentiment. Daily crude steel output among mills of the China Iron and Steel Association (CISA) fell 0.8pct during…
Jingye (Yingkou) Medium Plate Co. Ltd. has signed a contract with SMS group to modernize the No.1 high-speed wire rod line at its Yingkou plant in China, aiming to expand the line's product diameter range and improve…
Iron ore futures extended gains on Friday as the near-term outlook improved on expectations of stronger steel demand and restrictions on certain BHP iron ore products. Market participants expect steel production to…
Iron ore futures climbed on Thursday, supported by improving demand sentiment in the market. Steel production in China is expected to rebound following the lifting of temporary environmental output curbs that were…
Yongfeng Group has awarded Fives a contract to design and supply annealing furnaces for new strip processing lines at its upcoming steel facility in Linyi, Shandong province, China. The project will include the…
Iron ore futures rose on Wednesday on expectations of improved demand in the near term. Market analysts expect China's steel production to recover following the conclusion of the country's annual parliamentary meetings…
China's finished steel exports declined 8.1pct YoY to 15.59 mln tons in January-February, according to data released by the General Administration of Customs. The drop is partly attributed to the new export licensing…
Zunyi Changling Special Steel has successfully produced the first heat from its new Danieli Zerobucket electric arc furnace (EAF), marking a key milestone for both the steelmaker and Danieli. The furnace, capable of…
Iron ore futures inched higher on Tuesday, supported by expectations of improved demand amid lower shipments from major suppliers and the anticipated recovery in Chinese steel output. Market sentiment improved following…
Iron ore futures surged on Monday, supported by rising freight costs amid escalating tensions in the Middle East and expectations of improved steel demand. Oil prices spiked as the conflict intensified following…
Iron ore futures climbed on Friday, supported by expectations of improved demand following positive economic signals from China. Market sentiment strengthened as China's annual Two Sessions parliamentary meetings…