The iron ore price climbed on Monday as improving profitability of steel mills and demand outlook in China lifted sentiment. Benchmark 62% Fe fines imported into Northern China rose 2.25%, to $132 ...
Iron ore futures in Singapore fell as much as 2.4% to $90.35 a ton, the lowest since November 2022. They traded at $90.85 a ton by 3:25 p.m. local time, down about 10% this week. 'Piling up'
The benchmark July iron ore on the Singapore Exchange was 2.51% lower at $115.95 a ton as of 0330 GMT. China aims to reduce carbon dioxide emissions of key industries by an amount equivalent to ...
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 most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 4.16% lower at 806 yuan ($111.12) a metric ton, the lowest since April 10.
The contract hit an intraday high of 790.5 yuan, its strongest level since July 23. The benchmark September iron ore on the Singapore Exchange was 1.91% higher at $102.85 a ton, as of 0720 GMT.
Despite forecasting these iron ore price declines, Goldman Sachs remains positive on BHP and Rio Tinto. It currently has buy ratings on both mining shares with price targets of $49.40 and $138.30 ...
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 1.03% higher at 834 yuan ($114.83) a metric ton.
The most-traded January iron ore on China's Dalian Commodity Exchange (DCE) ended daytime trading 2.86% higher at 862 yuan ($117.93) a metric ton, the highest since Sept. 25.
The most-traded January iron ore on China's Dalian Commodity Exchange ended daytime trading 1.97% higher at 829 yuan ($113.68) a metric ton, close to the over three-week high of 834 yuan per ton ...
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China's faltering economy by cost support that kicks in at around $100 a ton.
Australia's commodity export earnings are set to contract over the next couple of years as the prices of iron ore, liquefied natural gas and coal slump, according to government forecasts.
The benchmark July iron ore on the Singapore Exchange climbed 3.8% to $107 a ton as of 0819 GMT. Near-term demand for the key steelmaking ingredient remains solid, partly because iron ore is more ...
Overall, global prices trended upward to an average unit value of $178.27 per ton in the first 9 months of 2021, a 64% increase from the 2020 annual average of $108.92 per ton …
The Australian mining behemoth said iron ore has support in a band between $80 and $100 a ton, a level at which many high-cost producers in China, India and other areas will have to consider ...
BMO Capital Markets this week made some changes to its metals and mining outlook for H2 2021, ... Suppliers Equipment; TOP 50; USA; Canada; Australia; Regions. Africa; China; ... Even iron ore ...
Group iron ore guidance for FY25 as Onslow Iron ramps up is 21.5-24.7Mt, up from 18Mt in FY24, including 10.5-11.7Mt at free-on-board (FOB) cash costs of A$58-68 per tonne from Onslow Iron.
Group iron ore guidance for FY25 as Onslow Iron ramps up is 21.5-24.7Mt, up from 18Mt in FY24, including 10.5-11.7Mt at free-on-board (FOB) cash costs of A$58 …
Simfer buys £277m locomotive fleet for Simandou iron ore project. Simfer has ordered a locomotive fleet from transport solutions provider Wabtec to supply rail operations at the Simandou iron ore…. Claire Jenns.
Stop 'doomscrolling': Iron ore has plenty of reasons to keep rising. A 24 per cent rally in iron ore prices over the past three weeks has shown once again that price crashes in spring are not ...
Iron Ore decreased 43.44 USD/MT or 31.85% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this …
By Bloomberg News. September 04, 2024 at 10:20PM EDT. (Bloomberg) -- Iron ore futures sank to their lowest since 2022, as China grapples with the need to stop …
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.5% higher at 840 yuan ($115.58) a metric ton, the highest level since June 18.
In a sign of abundant seaborne supplies, iron ore stockpiles held at Chinese ports expanded for the sixth week in the past seven to the highest level since April 2022, according to Shanghai ...
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 …