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 ...
The next 5 years project a lower dependence on Chinese demand for the iron ore market, indicates Vale's Investor Day. In a scenario of lower demand and the same supply, lower costs can be decisive ...
Scientists say they have identified the largest iron ore deposit ever recorded. They point to an area in Western Australia that contains a staggering amount of metal worth billions. They have tested ...
Iron ore has been the worst-performing industrial metal this year, with prices down more than 20% year-to-date in November. We believe downside risks are likely to prevail in 2025 amid subdued steel ...
BEIJING: Iron ore futures prices rose for a third straight session on Wednesday, supported by resilient steel demand and persistent hopes of further economic stimulus in top consumer China.
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 ...
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 ...