Metals

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

Metals

September 15, 2020

Dalian iron ore snaps 4-day losing streak on China demand optimism

Dalian iron ore futures rose on Monday after a four-session run of losses, as strong demand outlook for the steelmaking ingredient in China offset concerns...

September 3, 2020

China iron ore futures hit 2-week high

Iron ore futures rose on Wednesday, bolstered by expectations of a further pickup in steel output and demand in China against the backdrop of an...

September 1, 2020

China’s iron ore imports set for strong August

China is set to record another month of strong iron ore imports in August, helping to justify the ongoing resilience in the price of the...

August 19, 2020

Iron ore arrivals at Chinese ports rise

A total of 96 vessels carrying 14.81 million mt of iron ore arrived at major Chinese ports during August 9-15, SMM estimates. This was up...

August 6, 2020

EU steel demand falls 12% in the first quarter: Eurofer

Steel consumption in the European Union slid by 12% year-on-year in the first quarter as the COVID-19 pandemic worsened an already weak picture, industry group...

July 30, 2020

Rio Tinto touts ‘V-shaped’ China recovery as it beats profit expectations

Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market...

July 28, 2020

Chinese iron ore imports close to record high in June

China imported a total of 101.7 million mt of iron ore in June, the second highest monthly imports on record, latest China Customs data showed,...

July 23, 2020

China’s iron ore strength cancelled out by world weakness

The iron ore market is looking increasingly bifurcated between a robust China and a lacklustre rest of the world, and the challenge is working out...

July 22, 2020

Vale says Q2 output rises 5.5% despite pandemic

Brazilian miner Vale SA said on Monday that its second-quarter iron ore production totalled 67.6 million tonnes, up 5.5% from a year earlier and 13.4%...

July 22, 2020

Iron ore futures track rise in China stocks, defy fundamentals

Iron ore futures rose on Tuesday, mirroring upbeat sentiment in Chinese equities and base metals markets, shrugging off Brazilian miner Vale SA’s higher output in...

July 21, 2020

Iron ore under pressure as China port stockpiles hit 2-month peak

Iron ore futures slipped on Monday on rising port inventory of the steelmaking ingredient in China, though optimism over prospects of strong domestic steel demand...

July 20, 2020

Rio Tinto posts strong second quarter iron ore shipments

Rio Tinto reported a 1.5% rise in iron ore shipments for the second quarter and said demand for the steelmaking ingredient was improving in China...

July 15, 2020

China’s June iron ore imports hit 33-month high on robust demand

China’s iron ore imports jumped 17% in June from a month earlier to hit the highest level in 33 months, customs data showed on Tuesday,...

July 13, 2020

China rebar futures hit 10-month high

Chinese rebar futures hit a 10-month high July 9 as loosening credit restrictions and expectations of strong demand after the passing of severe summer weather...

July 7, 2020

Iron ore futures dip as global supply worries wane

Iron ore futures slipped on Monday as rising port inventories of the steelmaking ingredient in China helped soothe worries over global supply tightness that have...