April 17, 2024

Biden calls for tripling of tariffs on Chinese steel

The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there.

April 17, 2024

Iron ore price hits over 5-week high on improving steel market, pre-holiday restocking

Near-term ore demand will remain solid as mills show increasing willingness to resume production after an improvement in margins and downstream demand, said analysts.

April 16, 2024

Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in shipments.

April 16, 2024

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

April 15, 2024

Vale operations in Brazil now 100% renewable energy-powered

The world's top iron ore and nickel miner said that 100% of the electricity used in its local operations last year came from green sources.

April 15, 2024

Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus

Iron ore shipments from top suppliers Australia and Brazil tumbled by 28.8% week-on-week.

April 12, 2024

US Steel shareholders approve Nippon Steel’s $14.1 billion takeover offer

Beyond politics, the takeover must still pass a review by the Committee on Foreign Investment in the United States.

April 12, 2024

BHP suspending China portside iron ore sales until April 22 for system upgrade

Industry sources said they did not expect much impact, noting that portside stocks are at high levels.

April 12, 2024

China’s March iron ore imports edge up, steel exports near 8-year high

The world's largest iron ore consumer brought in 100.72 million metric tons month.

April 11, 2024

Iron ore price drifts higher as soft China data triggers stimulus hopes

New data maintained pressure on policymakers to launch more stimulus as demand remained weak.