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 …
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 …
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 …
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 …
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 …
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 …
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 …
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.
Making steel with electricity | MIT News | Massachusetts Institute …
May 22, 2024 · When electricity runs between the anode and cathode and the cell reaches around 1,600 degrees Celsius, the iron oxide bonds in the ore are split, producing pure liquid metal at …
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