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China to crack down on iron ore price gouging as market rallies on post-pandemic hopes

Iron ore

January 17, 2023

China to crack down on iron ore price gouging as market rallies on post-pandemic hopes

China’s top economic planner will tighten supervision of iron ore pricing after the steelmaking ingredient’s surge in recent months.

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January 11, 2023

China looks to Guinea’s vast Simandou iron ore mine to secure supply

China is making a bigger bet on the huge Simandou iron ore mine in Guinea, which it sees as crucial as it tries to reduce reliance on Australian ore amid geopolitical tensions.

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January 11, 2023

Bulk Buys: Optimism iron ore will take off as China unlocks

By now we’re all familiar of the tale of iron ore in 2022, a ball of confusion heavily influenced by China and its now seemingly eternal ruler Xi Jinping’s hard stance on Covid-19.

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January 06, 2023

Nation heats up domestic iron ore biz

China is expected to ramp up domestic iron ore sources while enhancing the utilization of scrap steel and housing more overseas mining assets to safeguard the supply of iron ore, a key raw material for steelmaking, experts said.

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January 06, 2023

Iron Ore Prices to Move Rangebound in Near Term amid Supply Pressure and Pre-CNY Stockpiling

Prices of iron ore posted a three-day losing streak as of January 5, closing with losses of 1.23% at 840 yuan/mt, the lowest in a week. But iron ore prices remained firm at a relatively high level.

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December 29, 2022

China And Australia To Renew Trading Of Iron Ore, Coking Coal, Other Goods

Today, COVID-hit China finds itself increasingly isolated, not only from the U.S., but most of the world. As a result, its policymakers have prudently decided to return to one of their oldest allies: Australia. The hope is that the country can reclaim supplies of vital elements like iron ore and coking coal.

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December 28, 2022

SGX iron ore scales 5-month peak as China eases covid rules

Iron ore futures rose on Tuesday, with the Singapore benchmark price hitting its highest in five months after top steel producer China decided to scrap quarantine rules for visitors, boosting investor sentiment.

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December 23, 2022

Iron ore price retreats on surging China covid cases

China is in the first of an expected three waves of covid cases this winter, according to the country’s chief epidemiologist, forcing many people to stay home.

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December 05, 2022

Miners lift as iron ore extends rally, data shows Australian inflation still rising

Shares in Mining lifted across the board as iron ore prices extended their rally on the back of China’s easing of its Covid restrictions.

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