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If China bought Rio, it would take care of about 30% of China's entire annual iron-ore needs. Moreover, at a worldwide price of about $200 per ton today, ...
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.
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 ...
Iron ore was exempt from China’s campaign of economic coercion on Australia in 2020. The iron ore battle goes back to 2010 , when BHP and Rio Tinto won a deal to switch from annually priced iron ...
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.
China's iron ore imports look to be steady in March from February's levels, with preliminary data from Refinitiv showing expected seaborne arrivals of 85.29 million tonnes this month, compared ...
The price of iron ore has fallen roughly 40% since mid-July on concerns about demand from China, dealing a blow to producing countries such as Australia and Brazil that are battling to protect ...
China’s love affair with property may be ending but no one seems to have told iron ore traders. Imports of the transitional metal used for construction steel rose in 2023 compared to the ...