Iron Ore Drops Back to $100 as China’s Latest Fix Disappoints
4 days ago — Iron ore fell — briefly touching the $100-a-ton threshold — as Beijing’s latest efforts to revive the economy left investors disappointed, while an expansion in Chinese port stockpiles ...
Iron ore price drops back to $100 as China’s latest fix disappoints
4 days ago — Iron ore futures traded 1.7% lower at $100.85 a ton as of 2:42 p.m. in Singapore after losing 2.8% on Friday. In China, yuan-priced contracts in Dalian dropped, and steel futures in Shanghai also ...
steel news headlines metal industry press reports
4 days ago — Dalian iron ore futures prices slid to their lowest in over two weeks on Monday as Chinas latest stimulus package underwhelmed investors across markets, while softer economic data and firmer supply in the top consumer added pressure on prices.
News - American Iron and Steel Institute
Oct 9, 2024 — American Iron and Steel Institute President Kevin Dempsey praised the USMCA’s recent expansion of the rules to grant tariff-free status to steel only if the metal is completely melted and poured in a USMCA country. The rule will go into effect in 2027.
Iron Ore Advances on Hopes More China Stimulus Is Coming
Oct 7, 2024 — Iron ore rose — adding to two big weekly gains — on speculation China’s top economic planner will unveil more stimulus measures on Tuesday. Other industrial metals were largely steady.
Iron ore rally built on more than just China optimism | Reuters
LAUNCESTON, Australia, Jan 29 (Reuters) - Iron ore is having a strong start to the year, with rising prices and robust imports by China, sparked by optimism the world's largest buyer of the steel...
Iron ore outlook dims as China inventories, steel output fade
Aug 12, 2024 — The price of iron ore has dropped for a sixth consecutive week as China's steel sector continues to struggle and port inventories of the raw material stop rising.
Goldman Sachs sees 'clear deficit' of iron ore for the rest of the year
Nov 10, 2023 — Goldman now expects the full-year average for the benchmark 62%-grade iron ore to surge from $101 per tonne to $117 in 2023. For 2024, analysts are expecting a 22% jump from their previous...
Iron Ore Plunges Most Since 2022 as Inventories Pile Up in China
Mar 11, 2024 — Iron ore slumped more than 7% — dropping below the $110 a ton mark — after disappointing demand in China left the market lumbered with swelling inventories.
The Voice of the American Steel Industry | American Iron and Steel ...
Nov 5, 2024 — The American iron and steel industry is a dynamic part of the U.S. economy, accounting for more than $520 billion in economic output and nearly two million jobs in 2017 when considering the direct, indirect (supplier) and induced impacts. Full Study.
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