China iron ore plunges to six-week low as demand outlook dims
Benchmark Dalian iron ore futures slumped more than 3% to their lowest in six weeks on Wednesday, after China’s top steelmaking city of Tangshan issued a second-level smog alert that requires mills to further limit operations.
China’s iron ore port stocks down to 120.3 mln t
Stocks of imported iron ore at China’s 45 major ports reversed down from its four-month peak over September 20-26
China traders cut back Iran iron ore purchases ahead of tariff hike
China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk appetites in the world’s biggest steelmaker.
Yantai Port cooperates with Vale to promote iron ore
Northern Chinese port of Yantai inked the strategic co-operation framework agreement with the world’s largest iron ore producer Vale to promote iron ore product sales and explore new opportunities.
China iron ore extends fall but stimulus hopes limit losses
Dalian iron ore futures fell for a second straight day on Wednesday to their lowest in 2-1/2 months as a glut and falling prices of steel in China raised concerns over demand prospects for the steelmaking raw material.
China gets more iron ore from Brazil as supply woes fade
While iron ore has been hammered by the renewed escalation of the U.S.-China trade war, there are also signs the supply crunch that sent prices to a five-year high is easing.
China iron ore imports fall to 18-month low in April as Brazil shipments slide
China’s iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country’s second-biggest supplier, disrupted shipments and some production by miner Vale SA was halted after a mine accident.