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  • Iron ore price rises on hopes of demand recovery after Beijing Olympics

    Iron ore price rises on hopes of demand recovery after Beijing Olympics

    MINING.COM Staff Writer | January 6, 2022 | 3:51 am Markets China Iron Ore  China aims for ‘Olympic Blue’ with plans to extend steel curbs (Image: International Olympic Committee) The iron ore price rose on Thursday on expectations of a recovery in Chinese demand after the Beijing 2022 Olympics ...
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  • Indonesia coal miners seek export ban exemptions as costs grow

    Indonesia coal miners seek export ban exemptions as costs grow

    Reuters JAKARTA, Jan 6 (Reuters) – Major Indonesian coal miners have sought exemptions from a coal export ban put in place at the start of the year as the costs of having scores of ships stranded offshore continue to mount. The world’s biggest thermal coal exporter implemented the ba...
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  • China’s scrap demand no threat to US steelmakers: SDI

    Published date: 22 July 2021 US steelmaker Steel Dynamics (SDI) sees no threat from China’s rising demand for ferrous scrap as the world’s largest steel producing nation pushes growth of scrap-intensive electric arc furnace (EAF) capacity to fulfill carbon emission and environmental g...
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  • China aims to increase self-sufficiency on iron ore with technology

    In Commodity News 23/07/2021 China depends heavily on iron ore imports, with around 80 percent of the supply currently coming from abroad. In light of this, a group of scientists has set the goal to increase self-sufficiency in iron ore. The main reason behind China’s dependency on imported iron ...
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  • Australia’s June iron ore exports receipts push higher

    Published date: 23 July 2021 Australian export receipts from shipments of metalliferous ore, predominantly iron ore, hit a record high in June for the fourth successive month with firm demand from China and sustained high prices. They almost accounted for half of Australia’s total exports i...
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  • Dalian iron ore futures at nearly 3-week low on lean demand

    By Reuters Staff (Updates with closing prices) BEIJING, July 22 (Reuters) – Chinese iron ore futures fell for a fourth consecutive session, down more than 7% to their lowest levels in nearly three weeks, on prospects of more imports of the steelmaking ingredient and as demand eased on the ...
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  • Major steel mills in N. China resume operations with 70% capacity, but demand for iron ore to wane

    Major steel mills in N. China resume operations with 70% capacity, but demand for iron ore to wane

    By Chu Daye  and Qi XijiaPublished: Jul 05, 2021 07:34 PM Furnaces in all major steel mills in Tangshan, North China’s Hebei Province, the world’s No.1 steel-producing city that made about 14 percent of China’s raw steel in 2020, are firing again, an industry report showed on M...
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  • Iron ore price retreats as steel production cuts spark demand concerns

    Iron ore price retreats as steel production cuts spark demand concerns

    MINING.COM Staff Writer | July 8, 2021 | 8:32 am Intelligence Markets News China Iron Ore A steel and iron factory in Hangzhou, China. (Shutterstock image) Chinese iron ore prices tumbled as much as 3.6% Thursday as steel production cuts at some mills sparked concerns about demand for steelmakin...
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  • China iron ore futures post 4th week of losses on steel output control worries

    BEIJING (Reuters) – Benchmark iron ore futures in China tumbled on Friday and logged their fourth straight weekly fall, as worries over steel output controls overshadowed demand for steelmaking ingredients and gobbled up gains logged earlier this week. Overall iron ore supplies from the top...
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  • Iron ore price up as China steel futures rise

    Iron ore price up as China steel futures rise

    MINING.COM Staff Writer | July 6, 2021 | 10:00 am Markets China Iron Ore Iron ore prices rose again on Tuesday following the steel price increase. The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) dropped in the morning but gained in the afternoon before ...
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