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Iron ore prices have fallen to a nine-month low due to weak steel demand and economic struggles in China, prompting analysts to lower price forecasts.
The iron ore industry’s key pricing benchmark for seaborne cargoes could be lowered as the quality of supplies from biggest exporter Australia worsens.
The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant Simandou project in ...
SINGAPORE (Reuters) -The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant ...
American mining billionaire Robert Friedland’s Ivanhoe Atlantic has urged Washington to add high-grade iron ore to the US list of critical minerals to secure a supply for the manufacture of ...
Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.
Iron ore shipments on the Great Lakes totaled 3.7 million tons in April, a decrease of 18.7% compared to 2024. Shipments were 19.1%… ...
Iron ore set for declines, Goldman Sachs predicts. Chinese steel demand down 5% in 2025, exports to fall 15% due to tariffs. Australia faces economic threat.
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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.
China’s latest attempt to stimulate economic growth cannot come fast for Australia’s iron ore industry where second tier miners are being rocked by falling prices.