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Iron ore futures declined toward CNY 670 per ton, reaching their lowest level in four years after China's state-backed iron ore buyer secured a new supply agreement with Rio Tinto, easing concerns over supply…
The average margin on imported iron ore narrowed to 9.62 yuan/mt today from 11.52 yuan/mt, driven mainly by higher premiums on some brands alongside weaker spot prices. On the supply side, BHP's Q1 FY2027…
Demand showed marginal improvement, but prices did not move consistently higher. Surveyed daily hot metal output rose to 2.3584 million mt on Oct 21, up 6,400 mt, and the blast furnace operating rate increased…
With Australia's iron ore exports facing an outlook of declining volumes and values, green iron is no longer just a promising opportunity, but an economic necessity, new research reveals. However, in transitioning to hi…
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