Iron ore futures surged, supported by the announcement of a major hydropower project and growing optimism over potential government stimulus measures.
On Saturday, Chinese Premier...
Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills...
Iron ore futures rose on Friday, supported by firm near-term fundamentals and expectations of upcoming policy support from Beijing.
Healthy profit margins have prompted blast...
Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production.
A decline in iron ore inventories at major Chinese...
Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns.
While overall steel production has declined, blast furnace-based producers have...
Iron ore futures edged up slightly on Tuesday, buoyed by encouraging economic data from China, though lingering demand concerns limited further gains.
China's GDP grew...
Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains.
China's exports rose 5.8pct YoY in...
Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed...
Iron ore futures extended their rally on Friday, driven by solid near-term fundamentals and optimism over potential regulatory action from Beijing aimed at curbing...
Iron ore futures climbed for a third consecutive session on Thursday, supported by growing expectations of fresh stimulus and regulatory action from Beijing aimed...