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Iron ore price tumbles to 2-month low on concerns over weakening China
Iron ore futures fell to a two-month low on Tuesday, weighed down by lingering weak fundamentals and concerns over demand prospects in top consumer China following the latest carbon emission plan ...
Iron ore price extends gains on China stimulus hopes
Iron ore futures prices rose on Monday, underpinned by growing bets top consumer China will unveil more stimulus in its third plenum this week after a batch of economic data disappointed investors ...
Column: Iron ore prices jabbed higher by prongs of China
The spot price of benchmark 62% iron ore for delivery to north China, as assessed by commodity price reporting agency Argus, rose to $128.80 a tonne on Monday, just shy of the peak so far in 2023 ...
Iron ore price rebounds to 6-week high on renewed China
Prices of iron ore futures rebounded on Wednesday to the highest level in more than six weeks, aided by renewed hopes of improved steel demand in top consumer China and the prospect of lower ...
China's building-season flop dents hope of iron ore market …
The start of China's peak construction season was supposed to finally boost demand for iron ore, which has endured a tempestuous year with prices now trading near 2022 lows.
Iron ore price eyes fifth weekly gain despite China intervention
Iron ore futures erased earlier losses and are set for their fifth weekly gain on Friday as property support-led optimism in top consumer China outweighed headwinds from the latest intervention ...
China's new state-run agency to start iron ore purchases
China Mineral Resources Group (CMRG), a new state-owned agency, is set to be the world's biggest iron ore buyer as soon as next year, when it will start buying for about 20 of the largest Chinese ...
China's 2023 iron-ore imports hit a record high on rising …
BEIJING - China's iron-ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of …
China's 2023 iron ore imports hit a record high on rising …
China's iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of …
China-backed JV to develop giant Simandou north iron ore deposit …
A China-backed joint venture between Guinea's Societe Miniere de Boke (SMB) and Singapore's Winning International Group scored a big win in the iron ore world after securing on Wednesday ...
China: iron ore mining by month 2024 | Statista
In June 2024, approximately 96.62 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's iron ...
Iron ore price slips after China reiterates steel output control
Iron ore futures prices slipped on Thursday, undermined by fears of falling demand in top consumer China in the remainder of the year after Beijing reiterated its stance on continuing to control ...
Iron ore price falls as Chinese steel mills cut output
The price drop has largely been caused by a drop off in steelmaking in China, the top consumer of iron ore. China's Dalian Commodity Exchange (DCE), the …
Singapore iron ore hits over 5-month high as China loan
The benchmark October iron ore on the Singapore Exchange climbed 1.19% to $118.75 a metric ton.
Iron ore in China
According to GlobalData, China is the world's third-largest producer of iron ore in 2023, with output up by 2% on 2022. Over the five years to 2022, production from …
Iron ore price nears one-week high on positive China data
Transaction volumes of iron ore at major Chinese ports climbed by 66% from the previous session.
Iron ore price hits seven-week low on softening China steel …
Iron ore futures extended their decline to a fifth straight session on Wednesday, hitting a seven-week trough, pressured by faltering steel demand and expectations of higher shipments to top ...
Iron ore in China
China is the world's third-largest producer of iron ore in 2023, with output up by 2% on 2022.
China moves to cool rally as iron ore prices explode
China's commodity exchanges moved to raise trading limits and margin requirements for some iron ore contracts and reinstated fees on steel.
Iron ore price dips as falling China demand, high
A seasonally slowing demand for steel products will also drag down consumption for iron ore, Sinosteel Futures said.
Botswana delivers first iron ore exports to China
Botswana's first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China.
China to build overseas iron ore mines to ensure supply
China aims to build one or two globally significant overseas iron ore mines by 2025 to boost the supply of the steelmaking ingredient and strengthen its pricing power, the industry ministry said ...
RANKED: World's top 20 biggest iron ore operations
Iron ore has undergone a transformation from a relic of the industrial age to the driving force behind a commodity supercycle that reshaped the global economy.
Iron ore price tumbles as China power shortages hit steel mills
The iron ore price fell on Wednesday as electricity rationing in parts of China has led to steel mill shutdowns.
China may extend state iron ore buying strategy to lithium
If successful in iron ore, the mandate of China's new centralised state buyer could be extended to lithium, copper and bauxite.
China plans iron ore giant to assert market control
China is planning a state-backed iron ore company to oversee everything from massive mine investments in West Africa to buying the steelmaking material from …
Iron ore price back above $130 on China stimulus
Iron ore prices passed $130 a ton on Wednesday for the first time since March as China considers a new wave of stimulus to bolster its struggling property sector.
The five largest iron ore mines in operation in China
The following are the five largest iron ore mines by production in China in 2023, according to GlobalData's mining database, which tracks more than 33,000 mines …
Column: China's strong iron ore imports contrast with
The strength in China's iron ore imports this year stands in stark contrast to the weakness in steel production and demand, setting up a dilemma as to how the contradiction will be resolved.
Iron ore price hits one year low on China demand collapse
The iron ore price sank to one year low on Friday on fears of more steel production curbs in China.
Iron ore price hits 5-month high on China demand optimism
Iron ore price jumped on Friday, buoyed by a combination of hopes that China's stepped-up monetary easing would stimulate demand and fears over tight supply prospects.