March 13, 2023

Iron ore price rises on improving China steel margins

The rapid rise in steel mills' profits and their output expansion have boosted demand, Sinosteel Futures said.

March 10, 2023

Vale approves new board nominations

Among the new nominations are former Espirito Santo Governor Paulo Hartung and the new head of Banco do Brasil's Previ pension fund, Joao Luiz Fukunaga.

March 10, 2023

Fortescue Metals to cut ‘few hundred’ jobs

Miner started laying off more than 100 workers at its Iron Bridge project in the Pilbara region, according to local media.

March 10, 2023

China tells iron ore traders to stop hoarding after rally

Beijing authorities are urging trading companies that store iron ore in big volumes at ports to sell some of their material.

March 9, 2023

Iron ore price up on rising Chinese steel output

The downstream steel demand has been continuously recovering, said a senior analyst at Mysteel.

March 6, 2023

BHP CEO says he is optimistic about Chinese economy this year

BHP last month reported a steeper-than-expected 32% fall in first-half profit.

March 6, 2023

Metals catch a chill as Beijing shies away from major stimulus

Commodities from copper to iron ore fell after China set a cautious economic growth target of about 5% for the year.

March 6, 2023

Iron ore slides after China seeks advice on rising prices

"Some market participants with long positions liquidated their positions today to lock profits," analyst says.

March 3, 2023

Iron ore price rises on demand optimism

Mills are ramping up production but their iron ore inventories are relatively low, supporting iron ore prices.

March 3, 2023

Japan’s top steelmaker eyes $700 million ‘green steel’ project

Australia and Brazil are among possible sites.