Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment.
Market insiders said...
Fujian Kunbao orders electrical steel processing lines for Zhangzhou plant
Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented...
Iron ore declines on weak property data, pressure on steel margins
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment.
China's property...
Iron ore declines as demand concerns cloud outlook
Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment.
The market remained under pressure from...
Baowu and Rio Tinto complete hydrogen-based DRI trials using Pilbara ore
China Baowu and Rio Tinto have successfully completed industrial-scale palletization and hydrogen-based direct reduced iron (DRI) trials in China using Rio Tinto's Pilbara Blend...
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