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...
Scrap import prices weaken amid sluggish steel demand
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import...
Iron ore futures extend decline as demand outlook deteriorates
Iron ore futures declined on Friday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market...
Iron ore under pressure from weak demand outlook
Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on...
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