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BEIJING, March 30 (Reuters) - Flexible quarterly pricing for iron ore is more transparent than an annual benchmark and can avoid market chaos, an executive with Vale said on Tuesday. Vale and BHP ...
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.. But that ...
Explore insights on Rio Tinto's performance amidst declining iron ore demand, high copper prices, and economic shifts.
The price of iron ore has dropped to its lowest in nearly two years, a drain on profits for some of the world’s biggest miners. Iron ore, used to make steel, is one of the worst-performing mined ...
In this piece, we will take a look at the 12 biggest iron ore producers and mines in the world. For more companies and mines, head on over to 5 Biggest Iron Ore Producers and Mines in the World.
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 prices are experiencing significant volatility due to new tariffs on Chinese steel, fluctuating demand, and supply chain disruptions, causing unease in global steel markets.
The drivers behind iron ore’s rebound look temporary as China prepares to cut steel output and a wave of new supply floods the market.
Meanwhile, spot iron ore 62% FE, as assessed by commodity price reporting agency Argus, jumped 42% from $79 a tonne on Oct. 31 to $112.15 on Dec. 9.
Iron ore: Citi forecasts plunge in iron ore price below $US100 on China pessimism - Financial Review
Citi is tipping iron ore prices to plunge into a bear market in the coming months amid ongoing concerns about Chinese steel demand and an increase in supply of Australia’s key export.
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