Iron ore price drops sharply on weak Chinese demand concerns

Chinese iron ore and coke futures were dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further production cuts in the top steel-producing city of Tangshan.

MINING.COM Staff Writer | March 22, 2021 | 10:22 am

China’s crude steel output to peak around 2025 – govt consultancy

The steel sector accounts for 15% of China’s total greenhouse gas emissions.

Reuters | March 22, 2021 | 7:27 am

MINING.COM MINUTE: Biggest stories of the week

Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.

MINING.com Editor | March 19, 2021 | 12:49 pm

China steelmakers expect strong Q2 demand, drop in iron ore prices

Executives expect the April-June period to see a sharp ramp-up in activity in China.

Reuters | March 19, 2021 | 8:08 am

Rio Tinto endorses resolutions pushing for emissions cuts targets, lobby group pressure

Company said that it would endorse resolutions to set targets for cutting carbon emissions and take tougher measures against lobby groups that do not follow its climate change goals.

Reuters | March 19, 2021 | 7:55 am

Mining profits reach $230 billion a year, topped only by oil & gas, pharma

Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.

MINING.com Editor | March 18, 2021 | 2:32 pm