PelletsLargeCrystals, OtherSolid
7 articles
Iron ore prices dropped to a two-year low due to weak steel demand and increased supply from major miners. Analysts predict sustained weakness through November as port stocks remain elevated.
Iron ore prices dropped for a third week amid excess supply and weak demand, hitting lows since September 2024. High inventories and low mill profitability suggest a bearish outlook for the fourth qua
Iron ore prices rose after China restricted purchases from Fortescue Ltd., buoyed by low valuations and stimulus expectations despite a prior 12% slump. Analysts warn of shrinking steel profits and we
Iron ore futures fell below $100 per ton due to ample supplies and weakening Chinese steel demand. High port inventories and lower freight costs further pressured prices despite optimism for other Asi
Iron ore prices dropped to a two-month low amid rising global shipments and weak seasonal steel demand in China. Market sentiment turned bearish as coking coal costs squeezed margins while traders ant
Chinese coking coal prices hit a two-week high after a fatal Shanxi mine explosion triggered safety checks reducing daily supply by 288,000 tons. The incident also drove up prices for coke, iron ore,
The first 200,000-tonne shipment of high-grade iron ore from Guinea's Simandou mine arrived at Chinese ports, initiating operations for the world's largest mining project involving Baowu and Rio Tinto
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