The world’s biggest iron ore producers are hurling plenty of dirt, adding tons of the steel-making commodity to the seaborne market even as top user China battles a demand-sapping property crisis.

Thursday, July 18, 2024 - 13:53:01

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Iron ore futures prices slumped to a nearly three-week low on Wednesday, undermined by weak seasonal demand from top consumer China and mounting global supply.

Thursday, July 18, 2024 - 13:45:45

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Australian billionaire Gina Rinehart’s private company, Hancock Prospecting Pty Ltd., is considering the development of a $3.3 billion iron ore project in Western Australia.

Wednesday, July 17, 2024 - 13:42:17

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BHP Group on Wednesday reported record annual iron ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in Western Australia.

Wednesday, July 17, 2024 - 13:39:50

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Brazilian miner Vale SA expressed confidence on Tuesday that it would reach the high-end of its 2024 guidance for iron ore production after output increased in the second-quarter.

Wednesday, July 17, 2024 - 13:36:45

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Trafigura Group and Mubadala Capital are exploring the sale of a Brazilian iron-ore port terminal operator they acquired from former billionaire Eike Batista about a decade ago, according to people familiar with the matter.

Sunday, July 14, 2024 - 17:32:14

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Iron ore futures are set for a weekly fall amid a flurry of profit-taking, ahead of top consumer China’s third plenum, although growing expectations of US rate cuts pushed up prices on Friday.

Friday, July 12, 2024 - 17:25:09

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Iron ore continued a volatile week of trading, with prices struggling to find direction amid mixed market signals ahead of next week’s big political gathering in Beijing.

Thursday, July 11, 2024 - 17:08:49

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Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.

Wednesday, July 10, 2024 - 15:35:33

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Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton.

Tuesday, July 9, 2024 - 19:05:12

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Iron ore retreated from a one-month high as investors weighed whether a recovery in Chinese demand will be sustainable.

Friday, July 5, 2024 - 14:48:13

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Iron ore futures prices rose for a fourth straight session on Wednesday to their highest level in four weeks, supported by firm near-term demand in top consumer China and lingering expectations of more stimulus in coming weeks.

Wednesday, July 3, 2024 - 22:35:21

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Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot metal output, although demand concerns and high portside stocks in top consumer China pushed prices down for a third straight week.

Friday, June 14, 2024 - 13:48:36

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Iron ore futures fell to a two-month low on Tuesday, weighed down by lingering weak fundamentals and concerns over demand prospects in top consumer China following the latest carbon emission plan for the steel sector.

Tuesday, June 11, 2024 - 13:37:58

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Iron ore futures rose for a second straight session on Friday, underpinned by easing concerns over demand prospects in top consumer China and firming bets for a US Federal Reserve interest rate cut in September.

Friday, June 7, 2024 - 00:54:04

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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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Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons, similar to last year’s 1.18 billion tons, a senior official of miner Vale said on Wednesday.

Wednesday, May 8, 2024 - 00:00:07

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Iron ore will average more than $100 a ton this year as the worldwide market remains tight, despite China’s property crisis hurting the outlook for steel demand there, according to HSBC Holdings Plc.

Monday, April 29, 2024 - 23:43:23

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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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Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system.

Saturday, April 27, 2024 - 17:28:19

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