August 3, 2023

Iron ore price slump widens as China demand concerns mount

Flooding in Hebei from record rainfall added to market worries about local steel production.

August 3, 2023

UK start-up ties up with Australian MinRes to cut iron ore emissions

Making pellets accounts for about 15% of steel industry emissions.

August 2, 2023

Column: China’s weak PMI means good news for commodities, for now

China’s manufacturing activity dropped for a fourth consecutive month in July.

August 1, 2023

Huge Chinese state iron ore buyer still an unknown quantity

The firm that’s poised to upend the $160 billion global trade in the steel-making staple still doesn’t have a website, or any public contacts.

August 1, 2023

China’s metals and mining investment overseas to hit record in 2023 – report

Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.

July 31, 2023

Iron ore price inches higher on fresh China support

China's State Council issued measures to restore and expand consumption in the automobile, real estate and services sectors.

July 29, 2023

Samarco files judicial reorganization plan alongside creditors

The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt.

July 28, 2023

Iron ore price falls as China’s Yunnan province orders steel output curbs

Steel mills have been asked to prepare to cut back production to meet a government mandate on capping 2023 output at last year's level.

July 27, 2023

Vale posts profit slump, hit by price drop

Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion.

July 26, 2023

Fortescue sees annual iron ore shipments rising

The world's fourth-largest iron ore miner expects to ship between 192 million metric tonnes (Mt) and 197 Mt of the steel-making commodity in the year.