Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy. Futures ...
Iron ore prices jumped on Monday as major cities in China followed the federal government’s footsteps. After the jumbo stimulus package announced last week by the central bank, the authorities of ...
BEIJING: Iron ore futures prices traded largely within a tight range on Tuesday, as investors shifted focus to ...
The resolution of negotiations between Australian mining giant BHP and China's state-backed iron ore buyer China Mineral ...
Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two-year lows. Market watchers are looking for a turnaround in China’s economy. Iron is one of the world’s ...
LAUNCESTON, Australia (Reuters) - There are tentative signs that the supply crunch that has driven iron ore prices to their highest in more than five years is starting to ease, although the market is ...
Fortescue on Tuesday reported a 41% fall in annual net profit and pared its dividend, reflecting a drop in iron-ore prices as China's real-estate crisis weighed on steel demand. Australia's Fortescue, ...
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming from a ...
An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. China, the ...
High and rising prices for rare earths used in commercial and military technologies has boosted the fortune of Australian ...