Metals

Latest news from the commodity market. Updates on commodity trading, prices and futures news.

Metals

September 30, 2022

Iron ore climbs on China construction support, restocking

Iron ore futures rose on Thursday, with the Dalian benchmark contract touching a two-week high, underpinned by increased construction activity in top steel producer China...

September 29, 2022

Shanghai rebar creeps higher on China demand optimism

Chinese rebar futures rose on Wednesday to their highest in four weeks, buoyed by fresh signs of increased government support for the troubled property sector...

Cranes unload imported iron ore from a ship at a port in Rizhao, Shandong province, China, December 6, 2015. REUTERS/Stringer

September 28, 2022

Iron ore rises as Chinese steel mills resume ramping up output

Iron ore futures rose on Tuesday, with Singapore prices rebounding after two straight sessions of losses, as top steel producer China resumed ramping up output...

September 23, 2022

Iron ore rebounds on rising China steel output, stimulus hopes

Iron ore futures rebounded from two-week lows on Thursday (Sep 22), bolstered by rising steel output in top producer China and expectations of higher demand...

September 21, 2022

Iron ore, steel futures fall on China demand worries

China’s iron ore and steel futures dipped on Tuesday, as concerns about the country’s persistent zero-COVID policy and ailing property sector keeping demand subdued outweighed...

September 16, 2022

China’s property sector support buoys iron ore prices

Iron ore futures rose on Thursday, with the Dalian benchmark hitting its highest in more than two weeks, buoyed by China’s intensified efforts to support...

September 15, 2022

China steel, iron ore prices dip on global macro headwinds

Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down the prices of steelmaking ingredients including iron ore as...

September 14, 2022

Iron ore extends gains on supply concerns, China demand

Dalian iron ore hit a two-week high on Tuesday as trading resumed in top steel producer China after a three-day holiday weekend, with supply concerns...

September 13, 2022

China’s August coal and copper imports not as strong as they look

China’s imports of major commodities were mixed in August, with ongoing weakness in crude oil and natural gas but strength in coal and copper. (more…)

September 8, 2022

China’s August iron ore imports rise 5.5% from prior month -customs

China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces...

September 7, 2022

Dalian iron ore rebounds on China stimulus hopes

Dalian iron ore futures extended gains to a second session on Tuesday, after top steel producer China signalled an urgent need for additional economic stimulus...

September 6, 2022

Iron ore climbs 4% after selloffs spurred by China COVID woes

Iron ore futures rebounded on Monday after last week’s selloffs, as traders bet the bottom has been reached despite lingering concerns about intensified COVID-19 restrictions...

August 22, 2022

Iron ore’s short-term outlook at odds with longer optimism

Iron ore is a market where the short-term outlook is markedly more bearish than the longer-term view, which may fuel volatility in the price of...

August 8, 2022

China’s July iron ore imports gain on-year

China’s imports of iron ore in July rose 3.1% from a year earlier, customs data showed on Sunday, as steelmakers’ margins improve despite concerns over...

August 5, 2022

Iron ore slumps to one-week low on China demand worries

Dalian and Singapore iron ore futures slumped to one-week lows on Thursday, pressured by worries about an unsustainable demand recovery in top steel producer China...