April 22, 2021

China steel prices leap to record highs on robust demand, clampdown

Rebar on the Shanghai Futures Exchange is trading near its highest since 2009.

April 22, 2021

Anglo American’s first quarter production up 3%

Copper production climbed 9% to 160,000 tonnes in the quarter from 147,000 tonnes in the same period last year.

April 22, 2021

Russell: Iron ore and China steel output aren’t sticking to the script

The China steel and iron ore market narrative for 2021 was supposed to be pollution-led curbs on steel, coupled with rising iron ore supply. Neither is happening.

April 22, 2021

Vale’s Mangaratiba iron ore terminal in Brazil reopens

Brazilian authorities said the Ilha de Guaiba terminal has been operating without a required permit

April 21, 2021

China to strengthen raw material price supervision, crack down on speculators

Rising commodity prices have increased Chinese manufacturers' costs and squeezed margins.

April 20, 2021

BHP expects full-year iron ore output near upper end of forecast

Company reported a near 2% dip in third-quarter iron ore production.

April 20, 2021

Iron ore price surges to 10-year high after Vale, Rio miss on output

Iron ore prices jump 4% on Tuesday with $200 in sight, extending gains spurred by disappointing output figures from top two producers.

April 20, 2021

China’s metal imports from Myanmar show trade contortions amid post-coup protest

Chinese trade data gave a mixed snapshot of neighbour Myanmar's ability to keep up metal shipments in March amid unrest after February's coup.

April 20, 2021

Vale buys Mitsui’s stake in Moatize amid plan to exit coal

Vale is buying the 15% interest in the Mozambican mine held by Japanese trading company for a token fee of $1.

April 19, 2021

Vale production disappoints again, adding fuel to iron ore price rally

Vale’s iron ore output totaled 68 million tonnes in 1Q21, 14.2% higher than in 1Q20, but down 5.5% compared to the 72 million tonnes average analyst estimate.