Citi projects iron ore prices to average $85 per ton by 2026 amid rising supply and weak demand. Low-carbon steel trends and Simandou's new supply drive challenges for iron ore market recovery.
China’s spluttering stimulus and strong production means the market for the steel-making ingredient will move further into oversupply next year. That’s bad news for miners and the federal ...
Vale SA plans to offer more lower quality iron ore to adapt to the needs of a battered steel industry as it moves beyond being just a supplier of high-grade steelmaking material. Chief Executive ...
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European ...
ASX mining shares are up after Chinese iron ore futures lifted to their highest level in more than a month overnight. You’re reading a free article with opinions that may differ from The Motley ...
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Goldman Sachs is urging investors to choose copper and aluminium over iron ore in 2025 as weak demand from China collides with an excess supply of Australia’s key export, keeping prices below ...
Key Takeaway from SMM Motor Annual Conference: Copper Prices More Likely to Rise than Fall, While Aluminum Price Volatility May Be Lower than Copper In November, the raw material shortage for brass ...
When the war rendered the importar tion of foreign ores difficult and expensive, our iron and steel industry had to rely more and more upon basic steel produced from the latter class of ore.