Iron ore prices are projected to decline in 2025 due to weak steel demand, particularly from China, and ample supply. China's economic slowdown and the possibility of stricter trade protectionist ...
The mining giant’s Simandou project will bring a fresh wave of supply late next year, further exacerbating growing stockpiles of the steel-making ingredient at Chinese ports. The government’s ...
From Zildjian to NASA 😮 By Andrew Rosenblum Posted on Dec 26, 2024 To keep global temperatures from rising more than 1.5 ...
At present, Tata Steel meets its entire demand for iron ore, a key raw material used for manufacturing steel, from six iron ore mines operated by the company in Odisha and Jharkhand. Ramam said raw ...
Iron ore is tipped to trade below $US100 a tonne for most of next year as new supply from Rio Tinto’s long-awaited African project adds to giant stockpiles at ...
The world’s imports of seaborne iron ore rose a modest 3.6% to a record high in 2024, but the increase was almost entirely driven by China, the world’s biggest buyer of the key steel raw material.
The deposit, containing an astonishing 55 billion tons of iron ore, is not only remarkable for its size but also for its geological history.The discovery challenges existing theories on how iron ...
Jan. 7, 2025 — A newly described dinosaur whose fossils were recently uncovered is challenging the existing narrative, with evidence that the reptiles were present in the northern hemisphere ...
Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China highlighted the nation’s economic weakness, although mills’ performance ...
The situation of strong supply and weak demand still exists in January, with limited room for upward price correction [SMM Analysis].
Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy.