Iron ore price hit lowest since 2020 on global steel demand concerns
Prices have fallen more than 50% from a peak in March.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Brucejack remains suspended after fatality
Mine in British Columbia remains suspended pending an investigation into the death of a worker from contracting partner Procon.
Copper price jumps as dollar eases
Metal price edged higher buoyed by a weaker dollar and amid hopes the pace of US interest rate hikes would slow down.
Iron ore price lowest in 11 months as China’s peak construction season disappoints
Uninspiring economic data and a sliding Chinese yuan added to the bearish mood.
Copper price down as China’s yuan falls to lowest since 2008
Analysts at JPMorgan still expect prices to fall in the short term.
Iron ore price rises on hopes of easing covid restrictions in China
The World Steel Association has projected a 2.3% contraction in global steel demand this year.
Copper price rebounds on hopes of improving demand in China
Bloomberg reports potential easing of covid-19 restrictions.
Iron ore price lowest in 11 months on supply pressures, weakening demand
Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.
Copper price falls on recession fears, China covid-19 curbs
A sharp increase in ShFE copper inventories also dented sentiment.
Iron ore price slides as Chinese president stresses zero-covid stance
The environment is still not optimistic and the industry faces a “severe market situation”, the China Iron & Steel Association warned.
Food security is national security: Potash gets ready for a closeup
The Department of the Interior released a draft 2025 list of 54 minerals critical to the US economy, including potash.
