January 2, 2025 Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.
January 2, 2025 China’s 2025 iron ore imports set to hit new high even as steel demand dwindles UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario.
January 2, 2025 Rio Tinto says crew member missing from ship en route to Australia A deck fitter on board of a bulk carrier travelling from China to Western Australia was reported missing last week
December 31, 2024 US Steel jumps most in a year on Nippon Steel offer to Biden Last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker.
December 31, 2024 Iron ore price falls over 15% in 2024 on faltering China demand, high portside stocks A raft of stimulus measures unveiled by Beijing since late September to spur its sputtering economy helped the ferrous market recoup some losses.
December 31, 2024 Gold heads for biggest gain since 2010 in mixed year for metals Gold is heading for one of its biggest annual gains this century.
December 30, 2024 Vale reaches $1.8 billion railway concessions deal The company reached an agreement with local authorities to pay up to some 11 billion reais to renegotiate two railway concession contracts.
December 30, 2024 Iron ore price rebounds on improving steel margins, falling portside stocks Stimulus hopes in top consumer China also supported market gains.
December 27, 2024 Iron ore price hits five-week low as traders fret about Chinese demand Iron ore has slumped 29% this year, hurt by the prolonged slowdown of China’s economy.
December 26, 2024 Iron ore price reverses to losses as weakening China steel consumption drags Apparent consumption of five major steel products slipped by 2.1% week-on-week.
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
