Australian iron ore exporters believe their mines are resilient despite shares slumping to multi-year lows and Chinese steelmaker Baowu issuing a dire outlook.
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 …
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 government-mandated steel output caps...
Transaction volumes of iron ore at major Chinese ports climbed by 66% from the previous session.
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 global suppliers, according to people ...
Learn about the global iron ore industry, its history, trends, challenges and opportunities in this comprehensive introduction chapter.
Botswana's first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China.
In 2020, the average price of China's imported iron ore came to approximately $101.65 per ton, a year-on-year increase of 7.2%. With rises in both the …
Iron ore mining per month in China 2021-2024. In June 2024, approximately 96.62 million metric tons of crude iron ore was extracted in China.
Iron ore is the source of primary iron for the world's iron and steel industries. It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Almost all (98%) iron ore is used in steelmaking. Iron ore is …
China's domestic iron-ore concentrate output in 2024 will rise between 5-million and 10-million metric tons from the year before, its State-backed steel association …
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 Xuzhou Construction Machinery Group (XCMG) has signed an agreement with global miner Rio Tinto's Simfer to supply equipment for its giant, untapped Simandou iron ore project in Guinea ...
China's iron ore sector will become increasingly consolidated due to high costs of mining low grade ore, and environmental regulations in China that will eventually see the phasing out of iron ore ...
Iron ore futures fell on Wednesday to their lowest in more than a year, as disappointing credit data from top consumer China worsened market sentiment already …
The iron ore price fell on Wednesday amid a fresh wave of covid-19 infections in China.
The world's biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa, is expected to start this year after a 27-year wait beset by setbacks, scandals ...
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 ...
Expert industry market research on the Iron Ore Mining in China (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
The most-traded January iron ore contract on China's Dalian Commodity Exchange ended daytime trade 1.9% lower at 669.50 yuan ($91.64) a tonne, after touching its weakest since September 2 at 662 ...
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 ...
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 …
Discover the iron ore mining process, from blasting to export, and its vital role in steel production. Learn about iron ore extraction and its history
Here are the five largest iron ore mines by production in China, according to GlobalData's mining database. 1. Dataigou Mine. The Dataigou Mine is a underground …
Iron ore production in China recovered between 2017-2021. However, as the country has implemented and plans to continue steel production cuts, it is likely that …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.5% higher.
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories.
The most-traded May iron ore contract on China's Dalian Commodity Exchange ended daytime trading 1.52% higher at 969.5 yuan ($135.12) a metric ton, following a fall of 0.37% a day before.
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 production in China recovered between 2017-2021. However, as the country has implemented and plans to continue steel production cuts, it is likely that 2021 was the peak year for China's iron ore demand.
The iron ore price rose on Wednesday, as positive signals from China's latest financial meeting boosted market sentiment.
China has embarked on one of the biggest shake-ups of the global iron-ore market in more than a decade.
Australia's iron ore sector grapples with challenges in adjusting to decarbonization and peak steel in China.