The weakening domestic steel downstream demand in April had a certain impact on the enthusiasm of steel mills to purchase. Overall, the import volume of iron ore in April slid from March. SMM reported that 10 blast furnaces are expected to resume production in May, and 8 blast furna...
while demand for overseas iron ore was reported to be holding steady late July and early August amid tightening domestic iron ore supply. The recent heavy rains and flooding in northern China negatively impacted transportation of domestic iron ore supplies and steel. Iron ore...
In November 2024, approximately 81.15 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's iron ore imports amount to over one billion metric tons
In 2023, Australia was China's largest supplier of iron ore by a significant margin, accounting for around 84 billion U.S.
Chinese steelmakers have experienced a decline in profitability and even suffered losses throughout 2023, and this has led to a preference for more cost-effective blending ratios of iron ore this past year, resulting in resurgent demand for low-grade iron ore fines. ...
The Chinese government's strict policies will continue to restrict steel and aluminium production in the northern region, reducing the demand for iron ore and bauxite, and adversely affecting employment opportunities for Capesizes and Handysizes in the Pacific. Restriction on petcoke usage in some In...
Iron ore suppliers are still looking to lift prices to China. Now their main reasons are growing domestic quotations of finished products. Chinese traders, however, have almost ceased booking foreign iron ore in an attempt to stop the upturn, albeit their efforts have yielded no results so far...
1. Iron ore demand stays thin in China [J] . World Steel News . 2013,第166期 机译:中国铁矿石需求保持低迷 2. Demand stays thin in Chinese iron ore market [J] . World Steel News . 2012,第Feba7期 机译:中国铁矿石市场需求维持低迷 3. Iron ore could stay stronger for longer ...
Iron ore futures in Asia fell on Thursday, pressured by the prospects of a slowdown in demand for the steelmaking ingredient in top buyer China, and despite tempered shipment expectations from its biggest producer, Rio Tinto. The most-traded iron ore for September delivery on China’s Dalian Co...
High levels of demand from the domestic steel industry and declining inventory at major ports are what propped up the contracts, according to industry analysts. Iron ore stocks are at their lowest since November 2016. The majority of the most active steel product futures on the Shanghai Future ...