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.
China’s spluttering stimulus and strong production means the market for the steel-making ingredient will move further into oversupply next year. That’s bad news for miners and the federal ...
Iron ore prices are forecast to maintain an average of $100/tonne in 2025 as China’s sluggish property sector continues to subdue demand, says BMI, a unit of Fitch Solutions. According to a ...
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.
Iron ore futures strengthened on Monday, buoyed by stronger global steel production, although mounting trade tensions surrounding top consumer China capped gains. The most-traded January iron ore ...
The accidents all involved triple-trailer road trains each capable of carrying 330 tonnes of iron ore, raising doubts about the safety and reliability of the haulage system. The trucking problems ...