According to an SMM survey, as of November 19, the blast furnace operating rate at 242 steel mills stood at 86.60%, up 0.04 percentage points MoM. The daily average hot metal production at the sampled ...

Today, the most-traded iron ore futures contract continued to hold up well, with the most-traded contract I2601 closing at 797 yuan, up a slight 0.19% from the previous trading day. Traders sold at ...

Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two year lows. Iron is one of the world’s most important industrial metals, and is primarily used in the ...

Goldman Sachs anticipates a short covering rally in iron ore, driven by oversold conditions and pre-holiday restocking. The bank maintains a structurally bearish outlook for iron ore due to oversupply ...

Robust shipments to China and weakening demand, coupled with the commencement of production at the Simandou project, are ...

SINGAPORE (Reuters) - Dalian iron ore futures prices snapped a four-day winning streak on Monday as increasing levies on Chinese steel dampened demand prospects for the key steelmaking ingredient, ...

Goldman Sachs Group Inc. raised its iron ore price forecast for 2026 on macroeconomic support, tighter inventories and resilient Chinese steel production, but is still expecting prices to drop next ...

BEIJING, June 26 (Reuters) - Ferrous metals futures slumped on Monday, pressured by mounting supply and weak downstream demand in top consumer China. Improved margins prompted a few Chinese ...

Hunter-gatherers who lived more than 2,000 years ago near the top of the world appear to have run ironworking operations as advanced as those of farming societies far to the south. Excavations in what ...

Vedanta Limited, helmed by billionaire Anil Agarwal, has capped off FY25 with a slate of production milestones. The mining conglomerate, currently navigating a major demerger, reported its ...