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The bulls are back in charge of iron ore prices

Iron ore

November 23, 2022

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.

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November 11, 2022

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.

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November 09, 2022

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.

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November 07, 2022

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.

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October 26, 2022

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.

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October 04, 2022

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.

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October 03, 2022

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.

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September 29, 2022

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.

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September 20, 2022

Iron Ore price rises as China’s steel output increases

Iron ore prices wavered as the market assesses the strength of Chinese demand.

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