Iron ore price hits seven-week low on softening China steel demand, higher supply bets

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.

Iron ore price tumbles to lowest in six weeks on China demand concerns

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.

Iron ore price slips after China reiterates steel output control

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.

Iron ore price falls to one-week low as weak fundamentals outweigh latest property stimulus

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.

Iron ore price dips as falling China demand

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.

Iron ore price hits more than 2-week low on rising inventory

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.

Iron ore price retreats on weak Chinese industrial data

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.

Iron ore price set for 3rd weekly rise on China demand

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.

Iron ore price weakens amid waning China stimulus hopes, high portside stocks

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.

Iron ore price drifts higher as soft China data triggers stimulus hopes

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.

Iron ore price swings near $100 as traders mull fragile China recovery

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.

Iron ore price swings near $100 as traders mull fragile China recovery

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.

Iron ore price edges higher on hopes of China’s demand recovery

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.

Iron ore price set for weekly gain on prospects of improving China demand

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.

Iron ore price slides to 4-month low on higher China inventories, slow construction

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.

Iron ore price slides as rising stocks, weak steel margins blur demand outlook

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.

Iron ore price consolidates as traders ponder demand outlook

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.

Iron ore price drops as China central bank’s rate move defies expectation

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.

Iron ore price rebounds on renewed hopes of China stimulus

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.

Iron ore price falls after China policy meet disappoints on stimulus

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

Iron ore price eyes fifth weekly gain despite China intervention

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.

Iron ore price logs second weekly gain on China stimulus, sound fundamentals

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.

Iron ore price rises as output in Chinese steel mills hits highest since October 2020

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

Iron ore price rallies on China fundamentals, but cap looms

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.

Iron ore price climbs as China’s PBOC cuts rates to support recovery

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.

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