Meanwhile, the most actively traded May iron ore contract on China’s Dalian Commodity Exchange saw a 0.19% decrease, ending the morning session at 773.5 yuan ($106.73) a ton.

A new iron making technology developed in China is set to significantly impact the global steel industry. Developed after more than 10 years of research, this method injects finely ground iron ore ...

China's domestic steel demand may decline to 910 million tonnes in 2023 from 920 million in 2022, Niki Wang, managing editor for iron ore at S&P Global Commodity Insights, told the Global Iron Ore ...

In December alone, China imported 112.49 million tons of iron ore, up 10.4% from 101.86 million tons in November. The December volume compared to 100.86 million tons in the same month in 2023.

This summer’s steel crisis has prompted China’s biggest mills to warn that the industry must adjust to a new era in which demand is expected to decline. That puts iron ore at risk after a long ...

Reuters: China's iron ore imports may reach all-time high this year. China has already purchased 411.82 million tons of iron ore, which is over 7% more than the same period last year.

Also, the most-traded iron ore on China’s Dalian Commodity Exchange ended the day 4.3% lower, at just $125 (832.5 yuan) a ton. The Singapore Exchange saw a similar drop, with benchmark February ...

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) closed down 0.74% to 799.5 yuan ($109.72) a metric ton. The contract has lost 1.17% for the month.

High prices of iron ore hurt the profitability of China’s mammoth steel industry, which churns out more than half the world’s steel Updated Nov. 23, 2023 1:01 am ET Share Resize ...

Home Markets Europe Markets Europe Markets Mining stocks slip as China woes hit iron ore prices By Jamie Chisholm Published: Feb. 20, 2024, 8:11 a.m. ET Share ...

China currently relies on high-yield ores and spends a substantial amount importing them from Australia, Brazil, and Africa. According to Zhang and his colleagues, the new technology could improve ...