Iron ore slips on weak demand outlook
Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain.
Market sources...
Iron ore gains on relatively high steel production, outlook remains weak
Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high...
Iron ore retreats as market refocuses on weak fundamentals
Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session...
Iron ore ticks higher as market weighs supply curbs against weak demand
Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade...
MMK cuts coke consumption under blast furnace efficiency program
Magnitogorsk Iron and Steel Works (MMK) has reduced coke consumption in pig iron production by 16pct since 2024 under a company-wide blast furnace optimization...
