Dalian iron ore futures prices extended gains into a second consecutive session on Wednesday, helped by renewed hopes of demand recovery in top buyer China, following an improving steel market ...
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Get all the latest maritime news delivered straight to your inbox. Go. ... Dalian iron ore dives as China stimulus disappoints. Dalian iron ore futures tumbled on Thursday to their lowest in more than two... Baltic index …
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Meanwhile, the primary May iron ore contract on China's Dalian Commodity Exchange (DCE) concluded daytime trading with a 1.76% decrease, settling at 979.5 yuan ($136.46) per metric ton.
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BEIJING - China's iron-ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of …
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The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 3.97% higher at 707.0 yuan ($99.25) a metric ton.
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Speaking in a conference about the results of the Brazilian miner Vale in 2023, Marcelo Spinelli, VP of the company for the iron ore solutions area, mentioned that the company has plans to increase sales to regions outside China.. He mentioned Japan, Europe, India and Southeast Asia as main targets. In his view, the iron ore market is currently tight, with …
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China, which buys almost three-quarters of global seaborne iron ore, is likely to import as much as 120 million metric tons this month, according to vessel-tracking and port data. This would be a strong rise from the official customs number of 104.1 million tons in …
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According to SMM survey, in April, the inventory of iron ore concentrates at domestic mines increased from 2.34 million mt or 9.4 days to 2.57 million mt or 10.3 days.
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China's imports of iron ore in the first two months of 2023 grew 7.3% from the same period a year earlier, customs data showed on Tuesday, as buyers anticipated higher domestic steel demand in ...
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Its iron ore was cheaper to import than that sourced from China's own poorer-quality mines. Then, amid a shaky 2015 economy, the Chinese Communist Party intervened in monetary policy to breathe ...
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Explore the latest news and updates on capesize dry bulk shipping covering shipowners, charterers, regulations, freight rates, fleet developments and newbuildings, brought to you by the editors of ...
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The UNCTAD Iron Ore Market Report 2015, covering developments in the iron ore market in 2014 and providing an overview for 2015–2016, shows that slowing growth in worldwide steel production meant that the market for iron ore, the primary raw material of steel, entered a new phase with slower growth, lower prices and squeezed margins for mining …
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According to Clarksons Research, aggregate world seaborne trade is projected to grow by 3.9% in full year 2017, on the back of a 2.8% growth seen last year, which itself was a major bounce back from the sluggish growth of 2.1% registered in 2015.
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Iron Ore & Steel: China's stimulus supports iron ore and steel prices. Global seaborne iron ore exports reached 34.49 Mt in the week beginning 16 September, marking the …
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The most-traded January iron ore on China's Dalian Commodity Exchange (DCE) ended daytime trading 2.41% higher at 851.5 yuan ($116.80) a metric ton. ... Abu Dhabi Maritime Reports Significant ...
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According to the shipbroker, "demand has been again rebounding in China and the Middle East. Iron ore imports into China increased by +5.4% y-o-y in Jan-May 2024 to 518.6 mln tonnes.
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China iron ore imports remain elevated China saw growth in global seaborne iron ore imports in 2023, with the country's full-year imports on course to rise for the first time since 2020. While ...
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Rio Tinto, the world's second-biggest miner by market value, on Tuesday reported higher third-quarter aluminum and mined copper production year-on-year, and downgraded full …
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A projected growing rate of China's import of iron ore is expected to propel dry bulk shipping demand in 2017, according to a latest forecast by international shipping association Bimco.
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Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories.
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September saw a 12% year-on-year rise in iron ore shipments to China, signalling a recovery from earlier declines, and this trend is supported by increased output from Rio Tinto and Vale despite ...
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Meanwhile, in the newbuilding market, Banchero Costa said that "Greece's Nereus Shipping, a subsidiary of CM Lemos, expanded its orderbook adding 3 x 158,600 dwt Suezmax tankers.
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The start of China's peak construction season was supposed to finally boost demand for iron ore, which has endured a tempestuous year with prices now trading near 2022 lows.
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The dry bulk market benefited from an increase in Chinese iron ore imports, most notably an increase in ton-mile demand. In its latest weekly report, shipbroker Banchero Costa said that "2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased...
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The most-traded September iron ore on China's Dalian Commodity Exchange fell as much as 3.7% to 717 yuan ($103.90) a tonne, its weakest since Dec. 21. ... reported a 5.8% year-on-year increase ...
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The Asian iron ore market is bracing for an uncertain second quarter, with spot prices for seaborne material plunging to an 11-month low and recovery hinging on a pickup in …
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At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources ...
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Iron ore prices in China hit a three-week high on Monday on hopes of improving demand amid policy support to the property market in China and the expectation of further stimulus.
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AMP chief economist Shane Oliver said despite recent woes in China, continued demand for iron ore could be bolstered by the energy transition, infrastructure projects and a rise in global ...
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According to Reuters, the most-actively traded January iron ore contract on China's Dalian Commodity Exchange ended daytime trading +1.4% at 769.5 yuan/metric ton (~$108), …
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