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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.
Beijing has added battery cathode material preparation technology to its restricted export list. The move affects lithium ...
China, which buys about 75% of all seaborne iron ore, imported 1.18 billion metric tons of the key steel raw material in 2023, a record high, according to customs data.
China's iron ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive ...
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.
High prices of iron ore hurt the profitability of China’s mammoth steel industry, which churns out more than half the world’s steel Skip to Main Content Explore Our Brands ...
Iron ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors the new economy over the old. The steelmaking material plunged to $95.40 a ...
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.
Iron ore sank closer to its lowest since 2022 as the steelmaking material extended a selloff on fears for China’s crisis-wracked steel industry.. Futures in Singapore fell 1.7% to $92 a ton at 4 ...
Shares of global mining groups listed in London were under pressure Tuesday as concerns about weak growth in China pushed iron ore prices to their cheapest in three months.
Trump said on Friday he was sure that he would speak to Xi. China said in April that the two leaders had not had a conversation recently. Asked if a talk with Xi was on Trump's schedule, Bessent ...