Iron ore falls amid supply pressure and weak demand outlook
Iron ore futures declined on Thursday as rising supply and weak steel demand continued to weigh on market sentiment.
Market insiders said rising iron ore...
Kardemir cuts billet and rebar prices in latest sales round
Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round.
The company offered S235JR-grade billet at USD 525...
Iron ore gains on positive economic data, but demand outlook remains uncertain
Iron ore futures rebounded on Wednesday, supported by positive Chinese economic data, although concerns over the demand outlook continued to limit gains.
The market also...
Iron ore pressured by rising supply, weak steel consumption
Iron ore futures extended their losses on Tuesday as weak steel demand and ample supply continued to weigh on market sentiment.
The key steelmaking raw...
Iron ore under pressure from weak demand, high supply
Iron ore futures moved lower on Monday as concerns over slowing steel demand and high supply levels continued to weigh on market sentiment.
Analysts noted...
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