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Iron ore prices are forecast to maintain an average of $100/tonne in 2025 as China’s sluggish property sector continues to subdue demand, says BMI, a unit of Fitch Solutions. According to a ...
Despite iron ore rebounding strongly in early 2023, after falling more than 50% in the second half of 2022, prices are expected to ease over the next 5 years on slower demand growth and more supply.
Iron ore, widely seen as a real-time barometer of China's economic pulse, is flashing fresh warning signs. Prices slid for a fourth straight session in Singapore, dropping below $93 a ton and ...
SINGAPORE (Reuters) -The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant ...
Vale reported iron ore sales at 77.3 million tons in the quarter, down 3.1%, with the company's average realized price of iron ore fines landing at $85.1 per ton, a 13.3% fall.
Iron ore slipped as much as 1.6% to $103.70 a ton, and traded at $104.25 at 2:01 p.m. in Singapore. In Shanghai, rebar and hot-rolled coil contracts retreated.
Still Bearish On Iron Ore, But Vale Looks Too Cheap To Ignore Jun. 29, 2025 5:26 AM ET Vale S.A. (VALE) Stock VALE, RIO, BHP EWZ BHPLF RTNTF RTPPF 14 Comments Kenio Fontes 1.02K Follower s ...
Since 2005, national revenue from iron ore has skyrocketed from US $5.2 billion (A$8 billion) to US $80.7 billion (A$124 billion).
Iron ore prices are rising due to China's renewed focus on supply-side reform, which could boost steel-mill margins and lift demand for raw materials. Analysts expect iron ore prices to be ...
Two Japanese companies have struck a deal with Champion Iron Ore that will inject $245 million into a proposed iron ore mining project in western Labrador, bringing the project one step closer to ...
Ikongwe has capacity to produce one million tonnes of iron ore per year, over an initial 10-year life span, with a grade of 65%. The mine made its first shipment to China in September 2021, ...
SAO PAULO (Reuters) -Brazilian miner Vale produced 83.6 million metric tons of iron ore in the second quarter, up 3.7% from a year earlier, the company reported on Tuesday. In its output and sales ...