Iron Ore Top Stories

Cleveland-Cliffs clashes with US Steel as sale process gets underway

US Steel has not opened its books to Cliffs even as it accepts initial bids this week, because Cliffs will not agree to its conditions, sources say.

Reuters | September 20, 2023 | 4:31 pm

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to…

Colin McClelland | September 20, 2023 | 1:46 pm

Fortescue brushes aside worries, says exits show resolute board

Three high-profile executives left the world’s fourth-largest iron ore miner…

Bloomberg News | September 20, 2023 | 5:00 am

Iron ore price extends decline as concerns over Chinese property market persist

Higher domestic supply also weighed on the key steelmaking ingredient.

Staff Writer | September 19, 2023 | 9:17 am

Rio Tinto CEO says Chinese steel demand is close to peaking

China’s appetite for iron ore has picked up in recent…

Bloomberg News | September 19, 2023 | 7:40 am

Demand for green metals from recycling expected to grow – report

A report by White & Case states that global demand for scrap metal is expected to remain strong over the coming years.

Valentina Ruiz Leotaud | May 29, 2022 | 7:35 am

Steel buyers demand huge discounts from Russian producers

The country’s producers have seen their options dwindle as sanctions choke sales to the key European market.

Bloomberg News | May 27, 2022 | 11:15 am

China drags down entire industrials metals complex – report

Iron ore bucks the metals price doldrums as China GDP growth slows.

Henry Lazenby | May 27, 2022 | 9:47 am

Steel hikes coming for cars to ships in Japan as costs soar

Japanese manufacturers are already feeling the pain of soaring steel and other materials in a country.

Bloomberg News | May 27, 2022 | 9:24 am

China’s economic slowdown woes dent benchmark iron ore price

China is facing bigger economic difficulties than in 2020, with some indicators starting to weaken sharply since March, Premier Li Keqiang said.

MINING.COM Staff Writer | May 26, 2022 | 9:01 am

Fortescue pursues quantum leap in green hydrogen quest

Company is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen.

Reuters | May 26, 2022 | 8:21 am

South African labour union ends ArcelorMittal strike after signing wage deal

NUMSA, which embarked on a strike on May 11 demanding a 10% wage hike, said it had agreed on a 6.5% increase across the board.

Reuters | May 25, 2022 | 4:22 pm

Demand for steel alloys grows as the energy transition gains momentum

Global stainless steel melt production is expected to be about 62 million tonnes (Mt) in 2022, rising to 90 Mt by 2050.

Wood Mackenzie | May 24, 2022 | 11:56 am

India’s top mining, steel groups warn of adverse impact from export duty hikes

The government announced on Saturday that export tariffs on new iron ores and concentrates would be raised to 50% from 30%.

Reuters | May 24, 2022 | 8:04 am

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