The price of iron ore, a key ingredient for steelmaking, has been strangely stable this year. There are plenty of reasons to think that may not last. Since the start of 2025, iron ore, one of the ...

Research firm BMI is revising downward its 2023 iron-ore price forecast from a yearly average of $125/t to $110/t, owing to a weak rebound in mainland China’s industrial sector having pressured ...

China Mineral Resources Group, the state-owned Chinese iron ore buyer, has told domestic steelmakers and traders not to buy or take any iron ore cargo from BHP, the world’s biggest miner, amid stalled ...

Iron ore is at risk of further losses on demand concerns and worsening mill margins in China, Commonwealth Bank of Australia said. Ahead of a week-long holiday in China, prices have already eased as ...

Anglo American Kumba Iron Ore recently handed over a community development project, the Lebelelang Centre, to the Tsantsabane community in Postmasburg. The handover ceremony was attended by Minister ...

Industry body UCCIL has warned that an export duty on low-grade iron ore will lead to drop in production, domestic prices, long-term capacity losses and erosion of India's export competitiveness. The ...

(Reuters) -China's state iron ore buyer has told major steelmakers and traders to temporarily pause purchases of any dollar-denominated seaborne iron ore cargoes from BHP, Bloomberg News reported on ...

Mumbai: India’s biggest steelmakers have tamped down their bids for iron ore mines over the past two years as aggressive bid premiums and the remote location of some of the recently auctioned assets ...

SINGAPORE: Iron ore futures slid on Friday and were set to end the week lower, weighed by the European Commission’s plan to impose steep tariffs on Chinese steel imports. The most-traded January iron ...

Gift 5 articles to anyone you choose each month when you subscribe. China’s state-run iron ore trader has told the country’s steel mills to temporarily stop using a popular product from BHP Group ...

Iron ore may not shine as brightly as gold, but it is fundamental to the modern economy. As the essential ingredient in steel, its price fluctuations reflect the cycles of global construction, ...

China’s state-run iron ore trader has told the country’s steel mills to temporarily stop using a popular product from BHP Group after talks on long-term contracts faltered, according to people ...