July 29, 2022 Iron ore price retreats as China’s zero-covid policy clouds demand Investors had been optimistic more aid was on its way to revive construction projects but none was forthcoming during a key Politburo meeting.
July 29, 2022 Brazil’s Usiminas Q2 net profit falls 77% after forex losses In the mining division, second-quarter iron ore sales rose 16% from a year ago.
July 28, 2022 Vale earnings disappoint as miners grapple with stagflation Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday.
July 28, 2022 Iron ore price hits 4-week high boosted by rebounding steel margins in China Twelve blast furnaces in China have resumed operations as margins improved, Chinese metals information provider SMM reported.
July 28, 2022 Column: China in risky bet to test its power in iron ore markets Even if China does set up an effective and efficient centralized buying system for iron ore, it's unlikely to shift market dynamics much, writes Clyde Russell.
July 28, 2022 If Brazil legalizes more Amazon mining, it would drive deforestation, study says Building new roads to reach mines would allow illegal loggers, land grabbers and ranchers easier access to relatively untouched parts of the forest, study says.
July 28, 2022 Anglo American cuts dividend as inflation, extreme weather erode earnings Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.
July 28, 2022 ArcelorMittal to buy Brazil steelmaker CSP for $2.2 billion With the deal, the world's second-largest steelmaker is adding an installed capacity of 3 million tonnes a year of steel slabs.
July 28, 2022 Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.
July 27, 2022 Fortescue raises annual shipments forecast amid inflation pain The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
