The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and ...

China's iron ore imports to rise despite property crisis Higher imports driven by growing supply from Australia and Brazil Steel demand forecast to fall 1.5% in 2025, MPI reports BEIJING ...

Yet, the media remains fixated on the decade-old idea that iron ore demand depends exclusively on China’s real estate market. The reality couldn’t be any different; demand drivers within China ...

At that rate of consumption, there’s enough ore in Simandou—$1.1 trillion worth at today’s prices—to build all of China ... of the Stone Age. The peaks contain as much as 65% iron ...

Iron ore prices hit their highest level since June 2022 last week after China announced a series of measures to revive its ailing property market, a key source of steel demand. Some analysts are ...

However, there are still concerns when it comes to China's economy, particularly surrounding anything related to the property sector, which accounts for about 40% of the demand for iron ore.

China is reeling from the nation’s worst Covid-19 outbreak in years – and it has sent the price of iron ore skyrocketing. On Friday, the price of the commodity jumped by almost 4 per cent as ...

then Japan and most recently China, which buys more than 80 percent of Australia’s iron ore. Now that trade is at risk as China’s slumping economy dries up its demand for construction materials.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) closed down 0.74% to 799.5 yuan ($109.72) a metric ton. The contract has lost 1.17% for the month. The benchmark ...

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 ...

The spot price of iron ore has had a torrid time lately, caught between short-term concerns about the economic health of top buyer China and a longer-term threat to the current market system as ...

Iron ore, used to make steel, was by far Australia's top export last year with a total value of $136billion, due to insatiable demand from China. Western Australia's Pilbara region supplied the ...