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...
Iron ore declines on weak steel demand
Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment.
Demand for finished steel remained subdued, with prices...
Iron ore gains on stronger PMI data
Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit...
Iron ore rises on steady steel output despite demand concerns
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply.
Although iron...
Iron ore rises as near-term support offsets supply concerns
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish.
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