me-metals: Iron ore futures extended declines to hit their lowest in more than a month on Monday, as hot metal output in China slowed while weakness in the top consumer’s equity markets added pressure on prices.
News ID: 11631 Publish Date : 2025/01/07
me-metals: Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China highlighted the nation’s economic weakness, although mills’ performance did improve.
News ID: 11604 Publish Date : 2024/12/28
me-metals: Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on details about anticipated stimulus from top consumer China.
News ID: 11602 Publish Date : 2024/12/27
me-metals: Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived hopes of stimulus.
News ID: 11597 Publish Date : 2024/12/25
Rio Tinto on Friday posted a 3% drop in iron ore shipments in 2019 as the Anglo-Australian miner’s operations faced disruptions due to cyclone and a fire at a port facility.
News ID: 8308 Publish Date : 2020/01/16
The World Steel Association data on Wednesday showed a 2.8% decline in global steel output in October to 151.5 million tonnes with production down across all regions.
News ID: 7631 Publish Date : 2019/11/30
Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
News ID: 5295 Publish Date : 2019/07/18