When the war rendered the importar tion of foreign ores difficult and expensive, our iron and steel industry had to rely more and more upon basic steel produced from the latter class of ore.
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“We remain bullish on the dry bulk market over the next few years, with long-haul iron ore and bauxite exports expected to fuel markets going forward,” analysts Frode Morkedal, Bendik Folden ...
Treasurer Jim Chalmers has warned forecasted revenue “will be much smaller” due to China’s crashing property sector and its impact on iron ore prices. The Treasurer’s second ministerial ...
I'm still trying to get to the bottom of things rallied. Materials – A small uptick for several China-related commodities including copper, iron ore and aluminium. Seeing a few incremental stimulus ...
BEIJING: Iron ore futures prices rose for a third straight session on Wednesday, supported by resilient steel demand and persistent hopes of further economic stimulus in top consumer China.
Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a weaker dollar and the start of restocking by Chinese steelmakers to maintain production in January.
Goldman is bearish iron ore, bullish copper. Our structural preference for base over ferrous is our 3S view that China is no longer the tide lifting all boats.
Citi projects iron ore prices to average $85 per ton by 2026 amid rising supply and weak demand. Low-carbon steel trends and Simandou's new supply drive challenges for iron ore market recovery.
Prices of iron ore futures clawed up towards the psychological level of $100 a metric ton on Monday, underpinned by firm near-term demand and revived hopes of further economic stimulus from top ...