Iron ore gains, but weak fundamentals cap upside
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside.
Some market participants expect...
Iron ore futures extend gains on lower steel inventories, restocking hopes
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment.
Inventories...
Steel export licensing to focus on tracking and quality control – Ministry
China's planned steel export licensing system is intended to strengthen monitoring, statistical analysis, and quality oversight of steel exports, rather than restrict shipment volumes,...
Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish.
Chinese steel mills have been...
Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals.
Data from the...
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