Iron ore price dives on China pollution crackdown MINING.COM

Mar 12, 2021 Iron ore prices fell on Friday as moves in China to restrict steel mills’ highly-polluting operations and reduce production capacity weighed on sentiment. According to

Port Hedland's Iron Ore Shipments To China Drop To

Mar 11, 2021 The most-traded May iron ore on China's Dalian Commodity Exchange rose 2.8% to 1,065 yuan ($163.89) a tonne by 0330 GMT, after earlier climbing to 1,073.50 yuan.

How iron ore is powering China’s infrastructure boom, and

Feb 14, 2021 Analysts at the China Iron and Steel Association (CISA) have predicted that, over the next year, Chinese demand for iron ore will fall as the pandemic stimulus starts to wear off, steel mills

Iron Ore Rockets To $160 A Ton And China Cries Foul

Dec 15, 2020 In October, only 10% or 1.7 million tons of Australia’s thermal coal found its way to China. It’s a different story in iron ore with Chinese steel mills being hit with a 35% increase in the

RPT-COLUMN-Iron ore demand recovering outside China, but

A reduction in the use of domestic iron ore may help seaborne suppliers of all grades, but much will depend on whether China’s steel mills do actually switch to higher quality inputs.

Iron ore demand recovering outside China, but will it be

Mar 11, 2021 A reduction in the use of domestic iron ore may help seaborne suppliers of all grades, but much will depend on whether China’s steel mills do actually switch to higher quality inputs. Currently, it seems that China’s steel mills are well supplied, with inventories at ports rising, reaching 129.5 million tonnes in the week to March 5, up

China's opportunities and risks in Africa's giant iron ore

Chinese investors are among the main forces pushing the project forward as a new source of iron ore that could bring down prices for China's steel mills. In 2019, China imported more than 1

Chinese Junk Could Sink The Profits Of Big Iron Ore Miners

Dec 02, 2020 But, layered on top of the scrap stockpile is China’s declining overall steel output which the bank reckons will fall by 14% by 2030, eliminating demand for 200m/t of iron ore.

Iron ore price dives on China pollution crackdown MINING.COM

Mar 12, 2021 Iron ore prices fell on Friday as moves in China to restrict steel mills’ highly-polluting operations and reduce production capacity weighed on sentiment. According to

How iron ore is powering China’s infrastructure boom, and

Feb 14, 2021 Analysts at the China Iron and Steel Association (CISA) have predicted that, over the next year, Chinese demand for iron ore will fall as the pandemic stimulus starts to wear off, steel mills

Iron ore: more than ever, it all depends on China

Aug 27, 2020 Which, in turn, is bright for iron ore. According to the analysts, it all comes down to “China’s iron ore demand impulse”. China is the only country that, in the first six months of 2020, recorded positive steel demand growth. Chinese steel mill margins the key for iron ore price

Iron ore demand recovering outside China, but will it be

Mar 11, 2021 A reduction in the use of domestic iron ore may help seaborne suppliers of all grades, but much will depend on whether China’s steel mills do actually switch to higher quality inputs. Currently, it seems that China’s steel mills are well supplied, with inventories at ports rising, reaching 129.5 million tonnes in the week to March 5, up

China's opportunities and risks in Africa's giant iron ore

Chinese investors are among the main forces pushing the project forward as a new source of iron ore that could bring down prices for China's steel mills. In 2019, China imported more than 1

Bulk Buys: China's record steel prices support iron ore

Mar 03, 2021 “The recent increase in steel prices has led steel mill margins in China to positive territory, providing key support for iron ore prices,” said CBA in a report. The rise in Chinese steel rebar prices is matched by a sharp upturn in prices for the LME’s steel rebar futures contract which this week is back to trading at near record highs.

China’s Iron Ore Futures Sag on Steel Curbs, Carbon

Mar 11, 2021 The most actively traded 12-month futures contract for iron ore due in May on the Dalian Commodity Exchange slid 5.24% on Wednesday to 1,040.5 yuan ($159.76) per ton, down 11.4% from a recent high of 1,174.5 yuan per ton on March 4, after the northern city of Tangshan ordered local steel mills to cut production as heavy smog hit the region.

MySteel Global China’s steel mills consuming more iron

Oct 26, 2020 China’s steelmakers are consuming more iron ore pellets in their blast furnace production these days, new data suggests. As of October 21, the 64 mills surveyed regularly by Mysteel had raised the proportion of pellets in their furnace feedstocks by 0.08 percentage point on fortnight to reach 16.46% the second highest since the survey was inaugurated in July 2014 and only narrowly lower

China trade war: Iron ore prices rise as sanctions help

Dec 14, 2020 China’s trade actions on Australian wine, beef and other goods may have delivered a substantial hit to our economy but this is likely to be offset by the booming iron ore price, new analysis

Iron and steel industry in the United States Wikipedia

Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products. Employment as of 2014 was 149,000 people employed in iron and steel mills, and 69,000 in foundries.

Steel industry in China Wikipedia

By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP Billiton, Rio Tinto and Vale. During the Global financial crisis the Chinese steel mills won price reprieves as

Iron Ore Rattled as Crackdown Plea From China Mills Spurs

Dec 14, 2020 Iron ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material

China ramps up iron ore imports from India by nearly 90%

China relies heavily on imported iron ore to fulfil more than two-thirds of its steel mills demand, which was boosted by Beijing’s stimulus for infrastructure. The country has churned out a record 1.05 billion tons of crude steel in 2020.

Iron ore is Australia's silver lining to its darkening

Dec 03, 2020 Iron ore represents more than 40 per cent (and rising) of the value of Australia's exports to China, Credit: Bloomberg The miners have, ironically, China to thank for that.

Schadenfreude as Chinese steel mills ask for help from Rio

Dec 17, 2020 China’s steel mills are asking BHP and Rio to change the way iron ore is priced. While the miners have surely made all the right sympathetic noises about the

Iron Ore Rattled as Crackdown Plea From China Mills Spurs

Dec 14, 2020 Iron ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material

China’s Iron Ore Futures Sag on Steel Curbs, Carbon

Mar 11, 2021 The most actively traded 12-month futures contract for iron ore due in May on the Dalian Commodity Exchange slid 5.24% on Wednesday to 1,040.5 yuan ($159.76) per ton, down 11.4% from a recent high of 1,174.5 yuan per ton on March 4, after the northern city of Tangshan ordered local steel mills to cut production as heavy smog hit the region.

Bulk Buys: China's record steel prices support iron ore

Mar 03, 2021 “The recent increase in steel prices has led steel mill margins in China to positive territory, providing key support for iron ore prices,” said CBA in a report. The rise in Chinese steel rebar prices is matched by a sharp upturn in prices for the LME’s steel rebar futures contract which this week is back to trading at near record highs.

Iron ore: more than ever, it all depends on China

Aug 27, 2020 Which, in turn, is bright for iron ore. According to the analysts, it all comes down to “China’s iron ore demand impulse”. China is the only country that, in the first six months of 2020, recorded positive steel demand growth. Chinese steel mill margins the key for iron ore price

Iron ore demand recovering outside China, but will it be

Mar 11, 2021 A reduction in the use of domestic iron ore may help seaborne suppliers of all grades, but much will depend on whether China’s steel mills do actually switch to higher quality inputs. Currently, it seems that China’s steel mills are well supplied, with inventories at ports rising, reaching 129.5 million tonnes in the week to March 5, up

China's opportunities and risks in Africa's giant iron ore

Chinese investors are among the main forces pushing the project forward as a new source of iron ore that could bring down prices for China's steel mills. In 2019, China imported more than 1

MySteel Global China’s steel mills consuming more iron

Oct 26, 2020 China’s steelmakers are consuming more iron ore pellets in their blast furnace production these days, new data suggests. As of October 21, the 64 mills surveyed regularly by Mysteel had raised the proportion of pellets in their furnace feedstocks by 0.08 percentage point on fortnight to reach 16.46% the second highest since the survey was inaugurated in July 2014 and only narrowly lower

Steel industry in China Wikipedia

By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP Billiton, Rio Tinto and Vale. During the Global financial crisis the Chinese steel mills won price reprieves as

China trade war: Iron ore prices rise as sanctions help

Dec 14, 2020 China’s trade actions on Australian wine, beef and other goods may have delivered a substantial hit to our economy but this is likely to be offset by the booming iron ore price, new analysis

Iron ore is Australia's silver lining to its darkening

Dec 03, 2020 Iron ore represents more than 40 per cent (and rising) of the value of Australia's exports to China, Credit: Bloomberg The miners have, ironically, China to thank for that.

Iron ore players hit as China steel mills feel the price pinch

Iron ore stocks fell sharply on Wednesday as analysts noted China’s steel mills were under pressure to maintain profit margins due to bans on Australian metallurgical coal, flagging a potential

China's steel greening to crush iron ore MacroBusiness

Jan 27, 2021 Tangshan city, China’s top steel producing hub in North China’s Hebei province and one of the cities closest to Beijing, stated 27 of its local steel mills had met the ultra-low emission

Iron ore: Key drivers of near-record prices into 2021

No other major producers can fill Vale’s gap in supplies, but falls in ex-China steel output helped to plug some of the lost iron ore supplies for Chinese mills. China’s non-mainstream iron ore supplies rose by 34pc to 162mn t during January-November 2020, with non-mainstream defined as supplies outside of Brazil, Australia and South Africa.