China's 2023 iron ore imports hit a record high on rising …
BEIJING, Jan 12 (Reuters) - China's iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger …
China's 2023 iron ore imports hit a record high on rising …
(Stock Image) China's iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a …
China tells iron ore traders to stop hoarding after rally
Iron ore erased gains on news of the measures before partially recovering. It was trading 0.6% higher at $128.35 a ton in Singapore as of 3:51 p.m. local time. It rose as much as 2.4% earlier in ...
China to tighten oversight on iron ore market after price rally
Iron ore prices fell after NDRC issued the statement, with DCE's most-traded January iron ore contract ending morning trading 1.62% lower at 969 yuan ($134.38) a ton while the Singapore ...
Iron ore price dives on China pollution crackdown …
The most-traded May iron ore contract on China's Dalian Commodity Exchange touched $163.11 a tonne and has fallen 6% this week. China's Ministry of Ecology and Environment has urged the ...
Column: Iron ore benchmarks diverge as China tries to cool …
China iron ore imports vs SGX price Rising imports In the first 10 months of the year official customs data show imports of 975.84 million metric tons, an increase of 4.64% over the same period in ...
Rio Tinto sees stimulus boost in China to drive gradual
Piles of iron ore at Cape Lambert, Australia. (Credit: Rio Tinto) Rio Tinto Group, the world's top iron ore exporter, sees increased stimulus measures in China driving the broader economy into a ...
Dalian iron ore hits 17-month high on China demand …
Iron ore's most-traded May contract on China's Dalian Commodity Exchange ended daytime trade 3.4% higher at 881 yuan ($130.96) a tonne, after earlier touching its highest since August 2021 at ...
Iron ore price rises on improving China steel margins
The iron ore price climbed on Monday as improving profitability of steel mills and demand outlook in China lifted sentiment. Benchmark 62% Fe fines imported into Northern China rose 2.25%, to $132 ...
China's 2023 iron ore imports hit a record high on rising …
In December, China imported 100.86 million tons of iron ore, down 1.83% from 102.74 million tons in November, as more mills started maintenance in blast furnaces as steel profit margins contracted.
Iron ore price edges higher on hopes of China's demand …
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0.3% higher at 842 yuan ($116.91) a metric ton.
Iron ore price tumbles on persistently weak fundamentals in China
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 5.41% lower at 831 yuan ($115.68) a metric ton, the lowest since Oct. 23, 2023. The benchmark ...
BHP upbeat on China demand; quarterly iron ore output …
For the third quarter ended March 31, the mining giant reported iron ore production of 66.2 Mt from mines it operates in Western Australia, slightly below the 66.7 Mt clocked a year earlier, as it ...
Iron ore price back above $130 on China stimulus
Iron ore prices passed $130 a ton on Wednesday for the first time since March as China considers a new wave of stimulus to bolster its struggling property sector. As Bloomberg reported, Beijing ...
China: iron ore mining by month 2024 | Statista
National Bureau of Statistics of China. "Monthly iron ore mining in China from January and February 2021 to January and February 2024 (in million metric tons)." Chart. March 25, 2024....
Iron ore price tumbles as China power shortages hit steel mills
The iron ore price fell on Wednesday as electricity rationing in parts of China has led to steel mill shutdowns. According to Fastmarkets , benchmark 62% Fe fines imported into Northern China ...
Iron-ore slumps as demand doubts persist with China's …
Iron-ore tumbled following a five-day run of gains as China's markets reopened, with investors weighing prospects for near-term steel demand in the world's …
Singapore iron ore hits over 5-month high as China loan
The benchmark October iron ore on the Singapore Exchange climbed 1.19% to $118.75 a metric ton, as of 0706 GMT, hitting its highest level since March 31. The most-traded January iron ore on China ...
China's state iron ore buyer gets down to business, yet to
China, the world's top steelmaker, buys about 70% of all iron ore shipped worldwide, mostly from Australia and Brazil. A portion is bought at the start of the year under term contracts, with the ...
Iron ore price rockets as China imports hit highest in 16 …
Iron ore price surged on Tuesday after customs data showed China's iron ore imports rose 14.6% in November from a month earlier to hit their highest since July 2020. The world's biggest ...
Column: Iron ore prices jabbed higher by prongs of China
The spot price of benchmark 62% iron ore for delivery to north China, as assessed by commodity price reporting agency Argus, rose to $128.80 a tonne on Monday, just shy of the peak so far in 2023 ...
Iron ore price falls on China demand concern, muted pre …
The most-traded May iron ore on China's Dalian Commodity Exchange (DCE) closed daytime trade 0.63% lower at 939 yuan ($130.57) per metric ton, off its morning lows.
China plans iron ore giant to assert market control
The plan would mark China's biggest effort yet to tackle what its officials have long argued is the excessive pricing power wielded by miners including BHP Group Ltd. and Rio Tinto Plc. China ...
Iron ore price falls on China warning, production controls in …
Benchmark 62% Fe fines imported into Northern China fell 3.22%, to $126.75 per tonne. "Some steel mills (in Tangshan) will reduce their sintering capacity between 30% and 50%," said Wu Yuling ...
Botswana delivers first iron ore exports to China
Credit: Wikipedia. Botswana's first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China, a company official told Reuters on Tuesday, as the Southern African ...
Iron ore price up as hopes of China stimulus resurface
The most-traded May iron ore contract on China's Dalian Commodity Exchange ended daytime trading 1.52% higher at 969.5 yuan ($135.12) a metric ton, following a fall of 0.37% a day before.
Column: Iron ore price rally built on more than just China …
Iron ore contracts traded in Singapore ended at $135.31 a metric ton on Jan. 26, posting a weekly increase after declining for the two previous weeks. The contract is also 1% higher than the low ...
Goldman warns China's property crisis will sink …
Goldman also cut its three and six month price targets to $70 and $85 a ton, respectively, from $90 and $110 a ton. The bank said it expects the iron ore market's current predicament to outlast ...
Iron ore price falls as Chinese steel mills cut output
The price drop has largely been caused by a drop off in steelmaking in China, the top consumer of iron ore. China's Dalian Commodity Exchange (DCE), the …
Iron ore in China
Iron ore production in China and major projects. According to GlobalData, China is the world's fourth-largest producer of iron ore in 2022, with output down by 6.94% on 2021. Over the five years to 2021, production from China increased by a CAGR of 23% and is expected to drop by a CAGR of 3.18% between 2022 and 2026.