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Saturday, May 16, 2026

China

Iron ore market pressured by high inventories

Iron ore futures declined on Friday, pressured by high port-side inventories in China and concerns over the steel demand outlook, although relatively firm steel...

Iron ore futures close flat amid balanced market sentiment

Dalian iron ore futures closed largely unchanged on Thursday, as firm near-term steel demand offset pressure from high port-side iron ore inventories and concerns...

Xiangtan Steel to upgrade heavy plate mill in Hunan

Xiangtan Iron and Steel, part of China's Hunan Valin Group, selected Primetals Technologies to upgrade automation and thickness control systems at its heavy plate...

Iron ore gains amid cautious optimism over trade talks

Iron ore futures increased on Wednesday, supported by cautious optimism over U.S.-China trade talks, although demand concerns persisted. Markets looked ahead to the high-level meeting...

Iron ore futures decline on demand worries

Iron ore futures declined on Tuesday amid concerns that growth in Chinese steel production may be peaking, while high port-side inventories and rising global...

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