However, iron ore is still down 43% from its peak in 2022 of $160.30 a tonne, ... the ongoing weakness in residential property has been a cloud over iron ore's outlook.

Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.. But that ...

Vale S.A. VALE reported iron ore production of around 67.7 million tons (Mt) for the first quarter of 2025, which was 4.5% lower than the year-ago quarter. A strong performance at the S11D mine ...

Iron ore futures traded on the Singapore Exchange ended at $99.54 a metric ton on Monday, a three-month low and down 4.1% from the $103.77 close on April 2, the day Trump imposed sweeping tariffs ...

Iron ore futures in Singapore fell as much as 0.8% to $94.85 a ton, the lowest intraday level since May 2, before trading at $95.15 at 10:35 a.m. local time.

Iron ore fell for a second day, as traders watched for any progress from US-China trade talks and potential stimulus from Beijing that could reignite demand for the steelmaking staple.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.81% lower at 779.5 yuan ($106.91) a metric ton. Earlier in the session, prices hit 777.5 yuan ...

India's iron ore production is projected to grow by 2% in 2024, reaching 284 million tons, but growth is expected to slow after 2025, with output forecasted to hit 306.5 million tons by 2034.

Iron oxide ore is fed into coal-fired blast furnaces, which remove the oxygen and produce iron that can be strengthened into steel. For each ton of steel, the process creates about two tons of CO2 ...

The process of ironmaking has relied for centuries on iron ore, an impure form of iron oxide, slowly being reduced to iron by carbon monoxide in a furnace. Whether that furnace is the charcoal fire… ...

Rio Tinto’s single biggest investment over the next few years is likely to be a huge African iron ore project that could reshape global supplies of the steelmaking ingredient.