Iron Ore Top Stories

Iron ore price tumbles to 2-month low on concerns over weakening China demand

Iron ore supply has risen while demand has softened and showed little room for improvement, Sinosteel Futures said.

Reuters | June 11, 2024 | 7:45 am

Canada adds high-purity iron, phosphorus, silicon metal to critical minerals list

The list now identifies 34 minerals and metals deemed essential to…

Staff Writer | June 10, 2024 | 1:37 pm

Ditching noble metals improves efficiency of zinc-air batteries

A new metal-nitrogen-carbon catalyst for zinc-air batteries has proven to…

Staff Writer | June 10, 2024 | 6:06 am

China, Pakistan agree to strengthen mining cooperation

Pakistani Prime Minister visited Beijing in a bid to upgrade cooperation…

Reuters | June 9, 2024 | 9:14 am

Nippon Steel executive saw positive reaction from US Steel workers and others

Nippon Steel Vice Chairman Takahiro Mori returned to the US in…

Reuters | June 8, 2024 | 7:41 pm

Iron ore price hits more than 2-week low on rising inventory, demand caution

Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook.

Reuters | May 10, 2024 | 7:36 am

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

Cecilia Jamasmie | May 10, 2024 | 6:45 am

Anglo American’s South Africa investors open to improved BHP bid

The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.

Reuters | May 9, 2024 | 2:32 pm

BHP-Anglo American deal raises alarm in Japan’s steel industry

Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal.

Reuters | May 9, 2024 | 7:54 am

Nippon Steel sticks to plan to close US Steel deal by year-end

The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.

Reuters | May 9, 2024 | 6:58 am

Brazil court rejects requests to block $15.7 billion from Vale, BHP

A substitute federal judge of a court in Minas Gerais state said the issue had already been resolved in the previous ruling.

Reuters | May 8, 2024 | 1:42 pm

China’s 2024 iron ore imports similar to last year – Vale

Imports by China, the world's biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons.

Reuters | May 8, 2024 | 8:54 am

Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster

The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.

Bruno Venditti | May 7, 2024 | 9:31 am

South African unions urge Anglo holders to reject BHP bid

BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover.

Bloomberg News | May 7, 2024 | 7:48 am

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