Global iron ore output is projected to increase by 1.9% in 2025 to reach 2,612.7 million tonnes (mt), up from 2,564.4mt in ...
SINGAPORE: Iron ore futures dipped on Tuesday, as shrinking margins among steelmakers in top consumer China, squeezed by ...
“Downstream restocking by steel mills is providing support for iron ore prices,” said Mengtian Jiang, an analyst at ...
A global glut of high-grade ore, weak prices, and domestic supply constraints are pushing steelmakers to import more just as ...
I spent much of 2024 writing about the ambitious plans that U.S. steelmakers had to clean up the coal-reliant industry.
Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and ...
A colossal new iron ore discovery, valued at roughly six trillion dollars, is poised to reshape the economics of steel for a ...
A need for restocking as well as decreasing global iron ore shipments from Australia and Brazil also lifted prices.
Iron ore has been the worst-performing industrial metal this year, with prices down more than 20% year-to-date in November. We believe downside risks are likely to prevail in 2025 amid subdued steel ...
China's state iron ore buyer is using increasingly hardball tactics against mining giants such as BHP to tighten its grip on the $132 billion seaborne market and extract better terms for steel mills, ...
The iron ore market is experiencing volatility due to new tariffs on Chinese steel imposed by countries like Vietnam and South Korea. Fluctuations in iron ore prices are also attributed to changes in ...