Iron Ore News

 

Iron Ore Futures Fall as Chinese Demand Softens

Aug 05, 2021

Chinese iron ore futures fell below a key 1,000 yuan per tonne level on Thursday, falling more than 5% to their lowest in more than two months as domestic consumption remains sluggish on steel production controls.The most active iron ore futures on the Dalian Commodity Exchange…

Dalian Iron Ore Futures Jump on Strong Demand Hopes

Aug 03, 2021

Benchmark iron ore futures in China rose more than 3% on Tuesday, after five straight sessions of declines fuelled by speculations of a relaxation in steel output controls.'Affected by the notice of rectifying campaign-style carbon reduction efforts…

Chinese Regulators Eye Irregularities in Spot Iron Ore Trading

Jun 21, 2021

China's state planner, the National Development and Reform Commission (NDRC), said on Monday it and the market regulator are jointly looking into the iron ore spot market and have pledged to crack down on hoarding and speculation.The move comes…

Iron Ore Shipments from Australia's Port Hedland to China Rise 16%

Jan 08, 2021

Iron ore shipments to China from Australia's Port Hedland rose by 16% in December from a month earlier, despite a short weather-related shutdown, the Pilbara Ports Authority said on Friday. Iron ore exports to China rose to 40.0 million tonnes from 34…

Iron Ore Under Pressure as China Port Stockpiles Grow

Jul 20, 2020

Iron ore futures slipped on Monday on rising port inventory of the steelmaking ingredient in China, though optimism over prospects of strong domestic steel demand for the rest of the year kept losses in check.The Dalian Commodity Exchange's most-traded September iron ore contract closed down 0…

Iron Ore Spikes on Shipment Concerns

Jun 21, 2019

China's iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.Mining giant Rio Tinto on…

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