As of January 12, iron ore inventory across 35 ports totaled 122.85 million mt, up 3.54 million mt WoW, but down 7.34 million mt YoY
An almost 30 per cent surge in the iron ore price to above $US140 a tonne has bolstered the prospects for the Australian dollar
An slowdown in China’s uptake and a world moving toward “green” iron ore and steel will be crucial drivers affecting future iron production.
The world’s first iron ore briquetting plant has been launched at the Tubarao Integrated Operations Area in Victoria, Piritu State
Iron ore prices have defied investors’ expectations and climbed by almost two-fifths since May, driven by a surge in Chinese steel production
In terms of Chinese economic growth and steel demand, here’s what we know.
Construction weakness & seasonal influences in China & overcapacity of steel production and oversupply of finished steel the country.