Iron ore spot prices are assessed based on iron ore fines containing 62 percent iron, an ideal standard specification for raw material in the production of high-quality steel. Iron ore prices hit ...

Iron ore prices are expected to remain low in 2025 due to weak steel demand, ample supply, and China's slowing economy.

Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, ...

The uncertainty over US President-elect Donald Trump’s tariff plans is expected to keep the base metals market on its toes.

“The outlook for iron ore prices remains soft due to the strong supply outlook and weaker steel demand. Australia and Brazil, the world’s two largest producers, are expected to continue to ...

Mined copper volumes grew by 26% during the fourth quarter as Rio Tinto produced more high-quality ore in Chile and ramped up output at its Oyu Tolgoi project in Mongolia, which is one of the world’s ...

An increase in iron ore imports contributed to a price slump and a pile-up in portside stocks , which climbed by 28% year-on-year to 146.85 million tons as of Dec. 27, data from consultancy ...

China’s iron-ore imports are on track to reach unprecedented levels in 2025, even as the nation grapples with a prolonged ...

All available indicators at the start of 2025 show that iron ore prices will likely remain subdued in the new year. According to the latest data, the supply side will remain strong. However ...