Iron ore price hits seven-week low on softening China steel demand, higher supply bets

Iron ore futures extended their decline to a fifth straight session on Wednesday.

Reuters | June 5, 2024 | 7:07 am

Rio Tinto invests $143 million in low-emission steel plant

The facility will focus on BioIron, an iron-making technology developed by Rio that utilizes plant matter as fuel instead of coal.

Cecilia Jamasmie | June 4, 2024 | 5:08 am

Russia proposes raising extraction tax rates on diamonds, gold, iron ore

The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023.

Reuters | June 3, 2024 | 9:57 am

Iron ore price tumbles to lowest in six weeks on China demand concerns

Iron ore inventories at Chinese ports are the highest in more than two years.

Bloomberg News | June 3, 2024 | 7:09 am

Researchers push for using iron instead of cobalt, nickel in next-gen lithium-ion batteries

A team of scientists has transformed the reactivity of iron metal, the cheapest metal commodity.

Staff Writer | June 3, 2024 | 6:06 am

Nippon Steel’s Mori returns to US this week for talks on US Steel takeover

The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.

Reuters | June 2, 2024 | 12:11 pm

Thyssenkrupp can’t afford delays over future of steel unit, chairman says

Thyssenkrupp's chairman defended a move to sell a stake in the group's steel unit to Czech billionaire Daniel Kretinsky.

Reuters | June 2, 2024 | 12:14 am

Column: Iron ore prices lack conviction despite China stimulus moves

The balance of risks for iron ore prices are tilted to the downside despite top buyer China's most recent steps to boost its struggling property sector.

Reuters | May 31, 2024 | 10:53 am

High-capacity iron-based cathodes for EV batteries are now a reality

Researchers at Canada’s McGill University unlocked the potential to produce batteries using more sustainable and less costly materials.

Staff Writer | May 31, 2024 | 6:06 am

First

Last

Biden close to blocking Nippon Steel deal to buy US Steel

Trafigura strikes $400 million cash-for-iron ore deal With MinRes

Iron ore price tumbles toward $90 on weak Chinese steel outlook

US Steel warns Nippon deal failure would put thousands of jobs at risk

Column: Fading China optimism hits iron ore prices, but not yet volumes

Create FREE account or log in

to receive MINING.COM digests