The bulls are back in charge of iron ore prices
Iron ore prices are gathering steam as confidence over the outlook for China’s steel demand increases, outweighing bearish factors such as potential winter production curbs and India lowering iron ore export taxes.
Empty iron ore ships switch to coal to survive China’s slump
Cargo ships suffering from weak Chinese demand for iron ore are finding a more lucrative alternative as the global energy crisis spurs a greater need for coal.
China’s demand for our iron ore stalls, sending the price for our biggest earner spiraling
Australian miners unearth more iron ore than anywhere else in the world — but they want to increase that.
China trade balance in focus after iron ore prices rebound
China’s October trade data is on tap as a potential policy pivot underpins sentiment and AUD/USD eyes 50-day SMA after prices breakout from a Cup and Handle pattern.
Iron ore price lowest in 11 months as China’s peak construction season disappoints
According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $89.36 a tonne Tuesday morning, down 2.3%, the lowest since November 2021.
Iron Ore rises on optimism worst of China property slump over
Chinese real-estate stocks rose in Hong Kong on Monday on optimism the worst of the slump is over after Bloomberg reported that regulators told the biggest state-owned banks to provide financing worth at least $85 billion to the sector.
Iron Ore navigates choppy seas amid some positive China signs: Russell
Amid volatility in most commodity markets, iron ore has been relatively stable over the past two months, despite a cloudy economic outlook for top importer China.
Iron Ore rises on China demand, pre-holiday restocking
Iron ore futures rose on Thursday, with the Dalian benchmark contract touching a two-week high, underpinned by increased construction activity in top steel producer China and sustained policy support for the sector.
Iron Ore price rises as China’s steel output increases
Iron ore prices wavered as the market assesses the strength of Chinese demand.