Iron ore price extends gains on sustained China …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) widened gains to end daytime trade 3.4% higher at 826 yuan ($113.67) a metric ton, its highest level since...
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) widened gains to end daytime trade 3.4% higher at 826 yuan ($113.67) a metric ton, its highest level since...
"If demand for steel products doesn't improve notably, the supply and demand for iron ore will not reach a balance. The downside risk still exists." Singapore iron ore futures rose 1.8% to $96.45 a ton as of 11:28 a.m. in …
"As it stands, DR-grade iron ore makes up less than 5% of global iron ore supply," said Nicholas, an author of the report by IEEFA, a financial think tank supporting a transition to cleaner energy. "Given the long lead times for …
Short-lived rally Latest data show that Chinese manufacturing activity expanded for the second consecutive month in November, further strengthening the demand outlook for iron …
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Iron ore futures in Asia rose Monday as the latest rate cut in top metals consumer China helped boost sentiment, but gains were limited by doubts over the effects of the move on the steel market.
steel news business information latest industry press reports europe america asia africa middle east. Latest world steel industry news. Home News. Press updates ... Brazilian miner Vale said on Tuesday it expects to produce between 325 million and 335 million metric tons of iron ore in 2025, following an output of about 328 million tons this ...
#asx #asxnews #shares #sharemarket #stocks #stockmarket #uranium #lithium #ironore #copper #gold #silver #investing #trading #marketwrap Iron ore is Australia's biggest export, and local iron ore miners like BHP Group, Rio Tinto, and Fortescue are highly profitable ASX blue-chip companies. The iron ore price has fluctuated wildly over the past six months, …
The benchmark May iron ore on the Singapore Exchange was 0.13% higher at $118.45 a ton, as of 0728 GMT. The Dalian contract posted a weekly gain of 2% and the Singapore benchmark has risen 1.7% so ...
NMDC's best results as iron ore output up 10% in FY24; sales rise 16%: CMD. NMDC posted "best-ever yearly performance" in FY24 with iron ore production rising 10 per cent to cross 45 million tonnes and sales going up 16 per cent to touch 44.48 million tonnes mark, the company's CMD Amitava Mukherjee said on Tuesday.
Stay up-to-date with Mineral Resources' latest news and resources on Iron Ore} Stay up-to-date with Mineral Resources' latest news and resources on Iron Ore} MIN | $33.63 (0.00%) Contact Suppliers. About us. About us. MinRes is an innovative and leading mining services company with a growing world-class portfolio of operations across iron ore ...
The investment bank expects the iron ore market to face a shortfall for the rest of the year due to low inventories and falling production, especially in Australia and Brazil. It also raises its iron ore price forecast by …
India is the fourth-largest iron ore producer in the world, with output reaching a record high of 277mn t in the 2023-24 fiscal year. But the country exported about 48mn t of lower-grade iron ore — with Fe content below 58pc — particularly to China, experts said at a conference by Metalogic PMS in Vishakhapatnam city.
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Vale has reported strong operational performance in 2Q24, buoyed by record-high second quarter iron ore solutions production since 2018. All conditions have now been satisfied for Rio Tinto's investment to develop the …
(Bloomberg) -- Iron ore fell — briefly touching the $100-a-ton threshold — as Beijing's latest efforts to revive the economy left investors disappointed, while an expansion in Chinese port ...
Benchmark iron ore futures gained 0.7% to $104.70 per ton at 12:11pm in Singapore, after surging 3.4% last week. However, the commodity may still come under pressure after falling 25% this year on ...
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With lower Chinese iron ore demand in play, Cecil said pricing risk is to the downside. Liberum's Price holds the same view, seeing iron ore prices in the $90/t range over the next few months as possible. As for 2022, analysts …
India's iron ore production rises 9.7% to 79 MT in April-June . Thu, Aug 01, 2024. The country's iron ore production grew by 9.7 per cent to 79 million tonnes (MT) in the first quarter of the ongoing fiscal, the government said on Thursday. India's iron ore output was 72 MT in the year-ago period, as per the provisional data. More >
Iron ore drops toward $100 as China's latest fix disappoints. Futures declined as much as 2% in Singapore after slumping on Friday, when the Chinese government unveiled a debt-swap plan but ...
A 2-3 per cent fall in Chinese steel demand is equivalent to about 30-50 million tonnes of iron ore. Supply chain inundated . Meeting this relentless slide in Chinese demand, a mistimed wall of supply comes on stream for the next three years. Roughly 200 million tonnes of new iron ore is in the pipeline from Australia, Brazil and Africa.
The 62% iron ore price rose by 0.26% to US$102.44 per tonne while Chinese iron ore futures lifted to their highest level in more than a month, up 1.51% to US$110.84, in overnight trading. This has ...
Iron Ore Prices, News and Analysis. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron ore markets such as Australia, Brazil and China. What is iron ore price per ton today?
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Iron ore futures extended gains into a second straight session on Tuesday to their highest levels in nearly a week, amid growing interest for stockpiling in top consumer China in …
The latest news articles, expert insights and company videos for Iron Ore by the team at Market Index. ws . Home ... Latest Iron Ore News. Iron Ore. bhp fmg. Iron Ore rally risks "fizzling" here –Morgan Stanley. Carl Capolingua · Fri 01 Nov 24, 1:38pm (AEDT) Iron Ore. 29m bhp.
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