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Vast heaps of crushed brown rock hem the Indian Ocean at Western Australia’s Parker Point port — each a stockpile of 200,000 tons of iron-ore, ready to be poured into a procession of bulk ...
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 Simandou project in ...
Watch the transformation of raw materials like iron ore, chromium, and nickel into durable, corrosion-resistant stainless steel through processes like smelting, casting, hot rolling, and annealing.
Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.
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.
NMDC, India's largest iron ore producer, showcased a strong performance in April, achieving a 15% increase in iron ore production, reaching 4 million tonnes.
Goldman Sachs expects iron ore to average about $85 a tonne in the fourth quarter, though there’s a risk it could briefly trade even lower.
Investing.com -- Iron ore markets are facing a complex set of forces that could shape prices in the coming years, with China’s latest round of supply-side reforms and the upcoming ramp-up of the ...
At the Zaporizhstal plant in southeast Ukraine's Zaporizhzhia region, smelting iron ore is the first step in a process that culminates in millions of tons of cast iron and steel getting shipped abroad ...
At the Zaporizhstal plant in southeast Ukraine's Zaporizhzhia region, smelting iron ore is the first step in a process that culminates in millions of tons of cast iron and steel getting shipped abroad ...
NEWARK, Del, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The global iron ore pellets industry is poised for robust growth, with the market value anticipated to reach USD 66.8 billion in 2024 and expand at a ...
Iron ore prices are expected to remain low in 2025 due to weak steel demand, ample supply, and China's slowing economy.