August 23, 2022

CEO who dubbed steel market a falling knife is calling a bottom

While construction has faced headwinds, there are green shoots on the horizon, economist says.

August 23, 2022

Iron ore price rises as China cuts lending benchmarks

China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy.

August 22, 2022

Electric vehicle industry prizes steel over aluminum, Cleveland-Cliffs CEO says

Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles.

August 19, 2022

Fortescue inches closer to iron ore exploration in Gabon

A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.

August 19, 2022

ERG halts iron ore supply to Russia’s MMK due to sanctions

The United States included MMK in its latest round of sanctions this month.

August 19, 2022

China demand doubts darken mood as miners baulk at energy costs

The IMF forecast that global growth could slow to 2.9% in 2023.

August 18, 2022

Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global

Softer numbers translated into depressed equity market support for the mining industry.

August 18, 2022

Five vital commodity industries are buckling under energy crisis

Energy-intensive sectors such as steel, fertilizers, and aluminum are being forced to close factories or pass on soaring costs.

August 18, 2022

Column: Iron ore’s short-term outlook at odds with longer optimism

It's likely that keeping iron ore above $100 a tonne will require some actual evidence that the bullish narrative is starting to kick in, writes Clyde Russell.

August 17, 2022

Iron ore price tumbles as China power shortages hit steel mills

Nearly 20 steel mills in China's southwest regions had suspended operations as of Wednesday.