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.
bloomberg · 2026-10-26 19:46
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
bloomberg · 2026-10-08 21:25
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
bloomberg · 2026-07-05 21:06
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
bloomberg · 2026-06-16 21:20
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
bloomberg · 2026-06-03 19:42
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,
reuters · 2026-05-24 20:10
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
caixin · 2026-01-17 11:51