Iron ore futures extended their decline to a fifth straight session on Wednesday, hitting a seven-week trough, pressured by faltering steel demand and expectations of higher shipments to top consumer China in June.

Wednesday, June 5, 2024 - 20:55:13

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Iron ore dropped to the lowest level in more than six weeks on worries over the outlook for Chinese demand, which has been hammered by the protracted property crisis.

Monday, June 3, 2024 - 01:51:37

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Iron ore futures prices slipped on Thursday, undermined by fears of falling demand in top consumer China in the remainder of the year after Beijing reiterated its stance on continuing to control crude steel output in 2024.

Friday, May 31, 2024 - 20:10:34

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Iron ore futures prices flipped to its lowest level in a week on Tuesday after making gains earlier the session, on investor caution as steel demand remained subdued in top consumer China despite latest property stimulus.

Tuesday, May 28, 2024 - 22:02:55

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Iron ore futures prices slid on Monday after some investors and traders liquidated long positions to cash in profits on bets of faltering consumption amid seasonally slack steel demand in top consumer China.

Monday, May 27, 2024 - 18:36:12

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Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports and caution about demand outlook, but property support measures in China lent some support.

Friday, May 10, 2024 - 18:02:24

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Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of pre-holiday restocking by steelmakers ahead of May Day.

Monday, April 29, 2024 - 23:41:46

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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.

Friday, April 26, 2024 - 17:13:35

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Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week.

Monday, April 22, 2024 - 22:43:41

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Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed hopes of more stimulus in the second quarter to underpin its economy.

Thursday, April 11, 2024 - 22:38:15

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Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic recovery may be starting to gain traction countered weakness in the steel market.

Tuesday, April 2, 2024 - 23:52:30

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Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic recovery may be starting to gain traction countered weakness in the steel market.

Tuesday, April 2, 2024 - 19:33:07

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Iron ore futures edged higher on Monday, supported by hopes of further recovery in demand in top consumer China and Beijing’s pledge to support its struggling property market.

Monday, March 25, 2024 - 21:56:17

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Iron ore futures were mixed on Friday, but set for a weekly gain on mounting anticipation of a pick up in demand in top consumer China amid signs of improving steel consumption.

Monday, March 25, 2024 - 03:35:32

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Iron ore futures tumbled on Monday to their lowest level in four months as higher inventories in key buyer China and slower construction activity due to unfavourable weather raised demand concerns.

Monday, February 26, 2024 - 19:21:51

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Iron ore futures prices slipped on Monday, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand will pick up in top consumer China following a week-long Lunar New Year holiday break.

Monday, February 19, 2024 - 19:17:13

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Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapore prices receding, as investors pondered the demand outlook in the absence of an expected monetary easing in top consumer China.

Monday, January 22, 2024 - 23:00:40

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Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China defied market expectations and stood pat on its medium-term interest rate, leaving traders disappointed.

Tuesday, January 16, 2024 - 22:58:30

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Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest support for the property market and renewed hopes of monetary easing in top consumer China.

Thursday, January 11, 2024 - 14:38:41

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Mining News Pro - Iron ore fell after a widely-watched government policy meeting in China finished without any major new stimulus pledges.

Wednesday, December 13, 2023 - 01:09:22

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Mining News Pro - Iron ore futures erased earlier losses and are set for their fifth weekly gain on Friday as property support-led optimism in top consumer China outweighed headwinds from the latest intervention from authorities.

Saturday, November 25, 2023 - 22:06:20

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Mining News Pro - Iron ore rose for a second consecutive week, underpinned by stimulus-related optimism and supportive fundamentals in top consumer China, although gains narrowed on Friday on fear of possible government supervision.

Sunday, November 5, 2023 - 22:22:00

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Mining News Pro - Iron ore prices rose on Thursday helped by higher hot metal output data in China.

Thursday, September 28, 2023 - 22:27:20

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Mining News Pro - The spot price of iron ore has climbed to a five-month high amid improving sentiment and some supportive fundamentals in China, the world’s top buyer of the steel raw material.

Saturday, September 16, 2023 - 22:46:51

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Mining News Pro - Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with another slew of data underscoring challenges across Asia’s largest economy.

Tuesday, August 15, 2023 - 19:59:43

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