Iron ore prices are expected to remain low in 2025 due to weak steel demand, ample supply, and China's slowing economy.
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, steel ...
Rio Tinto RIO reported iron ore shipments (on a 100% basis) of 86.5 million tons (Mt) for the fourth quarter of 2024, which declined 1% year over year. This takes RIO’s yearly total to 328 Mt, down 1% ...
Explore why the prices of iron ore and copper prices are soaring and what to expect in the next few months and top ...
Iron ore prices hit US$144 per metric ton (MT) in January, but then fell as low as US$91.28 per MT in September. Overall this year, the iron ore price has shrunk by 27 percent. “The main reasons ...
Baila Lump (65.5%, 10-40mm) - Rs 6,000/- Per Ton. Baila Fines (64%, -10 mm) - Rs 5,060/- Per Ton. Note: The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of Cess, Forest Permit ...
The uncertainty over US President-elect Donald Trump’s tariff plans is expected to keep the base metals market on its toes.
State-owned miner NMDC has reduced iron ore prices by ₹350 per tonne, for both lump and fines, effective January 9. Consequently, lump ore costs ₹6,000 per tonne and same quantity of fines ...
Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two-year lows. Market watchers are ...
China's imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, ...