Iron ore price soars as China covid curbs eased despite surge in cases

China Baowu has been trialling a low-carbon metallurgy technology at a previously idled 400-cubic-meter blast furnace in Xinjiang.

The victory marks a rare win for a major new project in Chile, the world's top copper producer.

Iron ore price rose on Wednesday, after five straight sessions of losses, tracking steel futures as China's output curbs fuelled worries about supply.

Wood Mackenzie says aligning to a 2°C warming pathway in the steel industry would mean disruption to the iron ore and metallurgical coal markets.

Steel hub Tangshan will extend existing curbs to March 13 next year to ensure good air quality for the Beijing Winter Olympic Games in February.

The debris hit a truck, a backhoe, and a car but no one was inside the cars at the time of the accident.

China has switched from driving global demand for major commodities to being a drag on growth.

Iron ore shipments from the Ponta da Madeira port in São Luís were 18% lower than expected in July, according to Marine Traffic.

The most active iron ore futures on the Dalian Commodity Exchange plunged as much as 5.6%, hitting the lowest since May 27.