MINING.COM

Iron ore price extends decline on China lockdown fears

"Fresh lockdowns and mass testing in Beijing, Shanghai, and now Inner Mongolia is the realization of the ferrous market's worst fears," said Atilla Widnell, managing director at Navigate Commodities.

MINING.COM Staff Writer | June 13, 2022 | 8:00 am

POSCO to halt some plants as S.Korea trucker strike continues

POSCO will halt some of its plants in Korea due to a lack of space to store finished products.

Reuters | June 12, 2022 | 12:29 pm

German union calls on steel workers to hold further warning strikes

Employers failed to meet German union IG Metall's wage increase demands in the third round of talks.

Reuters | June 11, 2022 | 12:58 pm

Iron ore price down on new China lockdown worries

"China remains a big source of uncertainty for global growth," JP Morgan analysts said in a note.

MINING.COM Staff Writer | June 10, 2022 | 8:12 am

China’s appetite for commodities sapped by virus, surging prices

The renewed lockdown of one district in Shanghai has raised concerns that a full reopening of the financial center could be delayed.

Bloomberg News | June 9, 2022 | 7:55 am

Iron ore price slips as Chinese steelmakers face margin pressure

"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.

MINING.COM Staff Writer | June 8, 2022 | 9:17 am