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 ...
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 ...
The uncertainty over US President-elect Donald Trump’s tariff plans is expected to keep the base metals market on its toes.
Iron ore futures rallied to their highest in ... brokerage Freight Investor Services (FIS), ascribed the ore price rise to the resonance of commodities caused by the oil price rally after the ...
“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 ...
Rio Tinto’s iron ore exports took a hit during the fourth quarter and in 2024 overall, giving more detail on the longstanding ...
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 ...
Iron ore prices are expected to remain low in 2025 due to weak steel demand, ample supply, and China's slowing economy.