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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.
Adding to the long list of industry concerns is a declining quality of orebodies being extracted by Rio Tinto and BHP because the price customers pay is determined by the iron content. Rio Tinto ...
State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it ...
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.
However, Citi Research estimates that a 50 million tonne decline in China’s steel production would reduce global iron ore demand by only around 15 million tonnes, representing just 1% of the 1.6 ...
The possible trade war that U.S. President Donald Trump has provoked since returning to office could have severe consequences for Ukraine. Tariffs of at least 25% on all imported steel and ...
Last week, though, a second war came to the doorstep of the hulking factory complex: the possible trade war that U.S. President Donald Trump has provoked since returning to office four weeks ago.
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 ...
Via Metal Miner All available indicators at the start of 2025 show that iron ore prices will likely remain subdued in the new year. According to the latest data, the supply side will remain strong ...