Iron ore futures fell by the most in nearly two years on Wednesday, weighed by prospects of stronger global supply and weakening Chinese steel demand. Benchmark October iron ore on the Singapore ...
A step toward practical AI solutions. Zhixiaobao also offers access to third-party services on Alipay, Ant Group's payment ...
The poor demand for steel in China has driven Chinese mills to resort to production cuts and iron ore buying. According to the World Steel Association (WSA), global steel production was down by 4. ...
The steelmaking material has powered higher in the face of a barrage of downbeat commentary on prospects for Chinese demand — including from top global iron ore miner BHP Group Ltd. The advance ...
MELBOURNE, Aug 28 (Reuters) - Australia is positioned to meet strong demand from China for green iron, Fortescue (FMG.AX), opens new tab said on Wednesday as it readies a pilot plant to begin ...
Elon Musk keeps posting increasingly bizarre AI-generated pics of himself in a bid to entertain his followers. The tech mogul ...
Iron ore extended a rebound with China’s massive ... period of severe oversupply is starting to ease. Stockpiles held at Chinese ports have now fallen for the last four weeks, according to ...
When it comes to the perception of Australia’s economic reliance on commodity exports to China, it at times seems to flip ...
The Chinese government has reportedly made moves ... we just have to wait and see," he said. The price of iron ore in Australia is heavily dependent on the demand for steel used to make new ...
On Monday, however, evidence that more iron ore than expected was sitting at Chinese ports reversed much of those gains. Support columns for a highway under construction in Jinan, China.
Copper and iron ore prices continued retreating this week as major Wall Street banks downgraded the Chinese economy. Data by ...
To get this newsletter sent to your inbox, sign up here. For all the bleak warnings about catastrophic conditions in the Chinese steel market, iron ore is holding up rather well.