October 19, 2022 World steel use to fall in another bleak sign for global economy Demand for the metal -- which is widely viewed as an economic barometer -- will drop 2.3% in 2022, bucking an April outlook for a small increase.
October 19, 2022 Iron ore price lowest in 11 months on supply pressures, weakening demand Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.
October 18, 2022 BHP quarterly iron ore production rises on lower covid-19 impacts The world's largest miner said iron ore production from Western Australia was 72.1 million tonnes in the quarter ended September 30.
October 17, 2022 Vale beats output estimate in new blow to iron ore prices The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.
October 17, 2022 Rio Tinto tempers annual iron ore shipments outlook as demand weakens Rio has been battling with a surge in production costs while iron ore prices continue to slide.
October 17, 2022 South Africa port staff union agrees to pay deal, calls off strike Mining companies have been particularly hard hit by the strike.
October 17, 2022 Column: Xi’s commitment to energy transition is mixed for commodities Commodity markets were given little to cheer about in President Xi Jinping’s address to the Communist Party Congress.
October 17, 2022 Iron ore price slides as Chinese president stresses zero-covid stance The environment is still not optimistic and the industry faces a “severe market situation”, the China Iron & Steel Association warned.
October 17, 2022 Miners’ losses mount as ports strike drags on in South Africa Negotiations to reach a pay deal have been unsuccessful, even after the government and an arbitration body joined the discussions between Transnet and its biggest labor unions.
October 16, 2022 Striking South Africa port workers reject wage deal The strike action has severely reduced staff at key ports that export iron ore and coal from South African mines and placed shipments of agricultural goods at risk.
