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 ...
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.
ASX mining shares are up after Chinese iron ore futures lifted to their highest level in more than a month overnight. You’re reading a free article with opinions that may differ from The Motley ...