Looking ahead to December, the supply and demand for iron ore are expected to both decline. On the supply side, December iron ore shipments may be increasingly affected by weather, and port arrivals ...
Learn More The 62% iron ore price rose by 0.26% to US$102.44 per tonne while Chinese iron ore futures lifted to their highest level in more than a month, up 1.51% to US$110.84, in overnight trading.
Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel market outlook, although fresh stimulus measures by top ...
But mining executives said they were in no rush to settle until the second quarter of next year, betting that demand will have recovered by then, helping them to avoid a price cut. Iron ore spot ...
Goldman Sachs is urging investors to choose copper and aluminium over iron ore in 2025 as weak demand from China collides with an excess supply of Australia’s key export, keeping prices below ...