Iron ore price retreats on weak Chinese industrial data
Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of pre-holiday restocking by steelmakers ahead of May Day.
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Iron ore price set for 3rd weekly rise on China demand
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories.
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Iron ore price weakens amid waning China stimulus hopes, high portside stocks
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week.
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Iron ore price drifts higher as soft China data triggers stimulus hopes
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed hopes of more stimulus in the second quarter to underpin its economy.
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Iron ore price swings near $100 as traders mull fragile China recovery
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic recovery may be starting to gain traction countered weakness in the steel market.
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Iron ore price swings near $100 as traders mull fragile China recovery
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic recovery may be starting to gain traction countered weakness in the steel market.
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Iron ore price edges higher on hopes of China’s demand recovery
Iron ore futures edged higher on Monday, supported by hopes of further recovery in demand in top consumer China and Beijing’s pledge to support its struggling property market.
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Iron ore price set for weekly gain on prospects of improving China demand
Iron ore futures were mixed on Friday, but set for a weekly gain on mounting anticipation of a pick up in demand in top consumer China amid signs of improving steel consumption.
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Visit: 85
Iron ore price slides to 4-month low on higher China inventories, slow construction
Iron ore futures tumbled on Monday to their lowest level in four months as higher inventories in key buyer China and slower construction activity due to unfavourable weather raised demand concerns.
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Visit: 72
Iron ore price slides as rising stocks, weak steel margins blur demand outlook
Iron ore futures prices slipped on Monday, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand will pick up in top consumer China following a week-long Lunar New Year holiday break.
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Visit: 77
Iron ore price consolidates as traders ponder demand outlook
Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapore prices receding, as investors pondered the demand outlook in the absence of an expected monetary easing in top consumer China.
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Visit: 104
Iron ore price drops as China central bank’s rate move defies expectation
Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China defied market expectations and stood pat on its medium-term interest rate, leaving traders disappointed.
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Visit: 122
Iron ore price rebounds on renewed hopes of China stimulus
Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest support for the property market and renewed hopes of monetary easing in top consumer China.
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Iron ore price falls after China policy meet disappoints on stimulus
Mining News Pro - Iron ore fell after a widely-watched government policy meeting in China finished without any major new stimulus pledges.
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Visit: 96
Iron ore price eyes fifth weekly gain despite China intervention
Mining News Pro - Iron ore futures erased earlier losses and are set for their fifth weekly gain on Friday as property support-led optimism in top consumer China outweighed headwinds from the latest intervention from authorities.
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Visit: 172
Iron ore price logs second weekly gain on China stimulus, sound fundamentals
Mining News Pro - Iron ore rose for a second consecutive week, underpinned by stimulus-related optimism and supportive fundamentals in top consumer China, although gains narrowed on Friday on fear of possible government supervision.
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Visit: 178
Iron ore price rises as output in Chinese steel mills hits highest since October 2020
Mining News Pro - Iron ore prices rose on Thursday helped by higher hot metal output data in China.
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Visit: 182
Iron ore price rallies on China fundamentals, but cap looms
Mining News Pro - The spot price of iron ore has climbed to a five-month high amid improving sentiment and some supportive fundamentals in China, the world’s top buyer of the steel raw material.
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Visit: 152
Iron ore price climbs as China’s PBOC cuts rates to support recovery
Mining News Pro - Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with another slew of data underscoring challenges across Asia’s largest economy.
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Visit: 154
Iron ore price slump widens as China demand concerns mount
Mining News Pro - Iron ore futures slumped on Thursday on fresh concerns about China’s steel production curbs and recovery prospects for the struggling domestic property sector, with sentiment further dampened by flooding in the top steelmaking province of Hebei.
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Visit: 224
Iron ore price inches higher on fresh China support
Mining News Pro - Iron ore futures edged up on Monday after Chinese authorities announced measures to increase consumption, although a sluggish manufacturing sector in China and lingering concerns about steel demand capped the gains.
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Iron ore price looks set for a tumble as major stimulus hopes fade
Mining News Pro - Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the type of big-bang, infrastructure-heavy stimulus that China used to deploy.
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Visit: 126
Rio Tinto profit misses on iron ore price slump, cuts dividend
Mining News Pro - Rio Tinto’s first-half underlying earnings fell to their lowest in three years as easing iron ore prices offset an uptick in shipments from its Pilbara operations, it said on Wednesday, while also announcing a dividend cut
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Iron ore price posts worst day in 9 months on slowing steel output
Mining News Pro - Dalian and Singapore iron ore futures sank more than 3% on Monday as traders awaited fresh news on China’s stimulus amid idling production, while the country’s weak demand data dragged trader sentiment lower.
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Visit: 102
Iron ore price set for best month in 2023 on China stimulus hopes
Mining News Pro - Benchmark iron ore futures were headed for their best month so far in 2023 despite some losses on Friday, amid hopes China would roll out more stimulus to support its sputtering post-Covid economic rebound.
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Visit: 125