Iron ore futures prices closed lower on Thursday, pressured by escalating tariff measures against Chinese steel, though solid demand for the steel-making ingredient in top consumer China cushioned the ...
Iron ore futures fell for a sixth straight session Monday as heightening trade tensions between the U.S. and top consumer China outweighed upbeat data on Chinese manufacturing.
Iron ore output is set to grow at double the pace compared to the first half of this decade. BMI expects Brazil to lead, with the Simandou project in Guinea serving as the industry's milestone.
It is expected to begin commissioning this week. As reported in that update, first-quarter iron ore shipments will be affected by weather events. The company is working to mitigate impacts.
China is in the flush of one last steel export surge, up 6.7% year on year for Jan/Feb. Iron ore fell sharply on supply ...
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