Iron Ore Top Stories

Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid

Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.

Staff Writer | April 2, 2024 | 9:17 am

Iron ore’s reset to $100 heralds China’s new economy shift

Iron ore’s weakness comes amid tentative signs that the wider…

Bloomberg News | April 2, 2024 | 7:41 am

Electra commissions clean iron pilot plant

Electra announced the commissioning of a pilot plant to produce…

Staff Writer | April 2, 2024 | 6:06 am

Iron ore price swings near $100 as traders mull fragile China recovery

Disappointment over demand has coincided with a period of relatively…

Bloomberg News | April 1, 2024 | 7:23 am

Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal

The Japanese firm has agreed to buy US Steel for…

Reuters | March 31, 2024 | 10:56 am

Vale loses bid to block BHP’s London lawsuit in Brazil dam case

More than 720,000 Brazilians are suing BHP over the 2015 collapse of the Fundao dam, which was owned and operated by the Samarco joint venture between BHP and Vale.

Reuters | August 7, 2023 | 9:01 am

Craze for anything EV sends steelmaker on $18 billion ride

The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.

Bloomberg News | August 3, 2023 | 9:56 pm

China Baowu wants new models of cooperation with Vale

The world's largest steelmaker hopes to keep a stable iron ore supply with a reasonable price.

Reuters | August 3, 2023 | 10:26 am

Iron ore price slump widens as China demand concerns mount

Flooding in Hebei from record rainfall added to market worries about local steel production.

Reuters | August 3, 2023 | 6:17 am

UK start-up ties up with Australian MinRes to cut iron ore emissions

Making pellets accounts for about 15% of steel industry emissions.

Reuters | August 3, 2023 | 5:56 am

Column: China’s weak PMI means good news for commodities, for now

China’s manufacturing activity dropped for a fourth consecutive month in July.

Reuters | August 2, 2023 | 7:50 am

Huge Chinese state iron ore buyer still an unknown quantity

The firm that’s poised to upend the $160 billion global trade in the steel-making staple still doesn’t have a website, or any public contacts.

Bloomberg News | August 1, 2023 | 12:50 pm

China’s metals and mining investment overseas to hit record in 2023 – report

Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.

Staff Writer | August 1, 2023 | 9:36 am

Iron ore price inches higher on fresh China support

China's State Council issued measures to restore and expand consumption in the automobile, real estate and services sectors.

Reuters | July 31, 2023 | 12:17 am

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