A new iron making technology developed in China is set to significantly impact the global steel industry. Developed after more than 10 years of research, this method injects finely ground iron ore ...
Iron ore prices fell to a ten-month low in April 2024. The drop was attributed to a warning from the China Iron and Steel Association about delayed steel demand recovery. Chinese steel mills were ...
Mystery shrouds reports around China banning all iron ore imports from BHP: Australian government officials are voicing their concerns, conflicting information is casting doubt on the veracity of the ...
China is using the Chinese Mineral Resources Group (CMRG) to centralise iron ore buying and regain leverage after years of fragmented procurement and market volatility. Beijing aims to expand its ...
LAUNCESTON, Australia, April 22 (Reuters) - China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell. This ...
local ore producers to speed up key projects, as the world’s biggest consumer grapples with its dependence on imported supplies from top miners such as BHP Group. The association will ramp up efforts ...
China’s state-run iron ore trader has told the country’s steel mills to temporarily stop using a popular product from BHP Group after talks on long-term contracts faltered, according to people ...
Iron ore futures climbed on both the Dalian and Singapore exchanges, even as China’s domestic steel demand remains subdued. Analysts point to record steel export forecasts, stockpiling by mills, and ...
As expected, Vale has declined by ~21% since I last covered it as China's demand falters and production costs rise. By 2026, I expect we'll see even lower iron demand from China as its property bubble ...
LAUNCESTON, Australia, Jan 30 (Reuters) - China's imports of iron ore and seaborne coal are on track for a soft start to the year, with January arrivals declining to multi-month lows. However, the ...
A Chinese campaign aimed at driving down the price of iron ore could have the unintended effect of keeping prices high or even lifting them further. That perverse result could result if two of the ...
Iron ore prices have fallen 22% in 2024 due to weaker demand from China, significantly impacting Rio Tinto's profit outlook. China's collapsing property market, driven by a massive bubble, poses a ...