taking the cumulative tariff to 20% and drawing Beijing's retaliation. Meanwhile, steel production cuts in China may increase iron ore supply, intensifying pressure on ore prices, said Hexun Futures.
The iron ore market is experiencing volatility due to new tariffs on Chinese steel imposed by countries like Vietnam and South Korea. Fluctuations in iron ore prices are also attributed to changes ...
Iron ore slumped below $100 a ton for the first time since mid-January as some steel mills curbed production to ensure blue skies during the government’s upcoming policy meetings in Beijing ...
Rio Tinto has acquired Arcadium Lithium and approved a major replacement iron ore mine in the Pilbara in a massive week at the mining giant.
SINGAPORE, March 5 (Reuters) - Iron ore futures faltered on Wednesday, pressured by tit-for-tat tariffs between the United States and top metals consumer China, outweighing optimism about improved ...
China’s latest attempt to stimulate economic growth cannot come fast for Australia’s iron ore industry where second tier miners are being rocked by the falling price of the steel making ...
(Bloomberg) -- Industrial metals from copper to iron ore rose as investors assessed the outlook for demand in China, including Beijing’s plans to potentially reduce nationwide steel output this ...
State-owned miner NMDC reported 30-40% decline in daily production as workers at iron ore mines in Chhattisgarh and Karnataka resorted to a slowdown and work-to-rule over wages. The estimated ...
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Iron ore ticks up, but set for weekly loss on tariff woesdrawing Beijing's retaliation. Meanwhile, steel production cuts in China may increase iron ore supply, intensifying pressure on ore prices, said Hexun Futures. China will restructure its giant ...
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