Iron ore is the primary raw material used to make steel. Steel is strong, long-lasting and cost-efficient – making it perfect for everything from washing machines to cars, bridges and skyscrapers.

China’s spluttering stimulus and strong production means the market for the steel-making ingredient will move further into oversupply next year. That’s bad news for miners and the federal ...

These challenges, coupled with growing iron ore inventories at Chinese ports — up 31% this year to nearly 150 million tons — paint the impact of a supply-demand imbalance pressuring prices.

Just shy of two years after the CPKC merger, the Class I railroad has purchased its first “new” locomotives. The eight ...

ASX mining shares are up after Chinese iron ore futures lifted to their highest level in more than a month overnight. You’re reading a free article with opinions that may differ from The Motley ...

Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel market outlook, although fresh stimulus measures by top ...

Iron ore futures traded 0.7% lower at $99.95 a ton at 2:11 p.m. in Singapore, after earlier sinking as low as $99.80. In China, yuan-priced contracts in Dalian dropped, and steel futures in ...

Goldman Sachs is urging investors to choose copper and aluminium over iron ore in 2025 as weak demand from China collides with an excess supply of Australia’s key export, keeping prices below ...

Prices of iron ore futures clawed up towards the psychological level of $100 a metric ton on Monday, underpinned by firm near-term demand and revived hopes of further economic stimulus from top ...

Ukraine's iron ore exports have increased by 96% in the first ten months of 2024 compared to the same period in 2023. This surge in exports is attributed to increased demand from countries like ...