Iron ore has jumped by about 10% in 10 days to breach $100 a ton, prompting the official journal of China's metals industry to pen a long article on why the gains are overdone.
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China's apparent steel consumption (which takes into account net exports, but ignores changes in inventory etc.) was down nearly -5% in the first five months of 2024 and followed contraction of -2.3% in 2023. The threat to ship demand from less iron ore demand could be compounded by port stockbuild.
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Developed after more than 10 years of research, this method injects finely ground iron ore powder into a very hot furnace, causing an "explosive chemical reaction", according to …
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A new state-owned company called China Mineral Resources Group is poised to become the world's biggest iron ore buyer as soon as next year, when it will begin …
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A new state-owned company called China Mineral Resources Group is poised to become the world's biggest iron ore buyer as soon as next year, when it will begin consolidating purchases on behalf of about 20 of the largest Chinese steelmakers including leader China Baowu Steel Group Corp., according to people familiar with the situation.
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The creation of China's new state-owned iron ore giant — built to consolidate the nation's mining investments and coordinate purchases of the key steelmaking input — is being …
WhatsApp: +86 18221755073
Poor steel production margins have prompted steelmakers to reduce operating rates through blast furnace maintenance ahead of the Chinese Lunar New Year, but most steel mills are likely to see high rates during the break, leading to …
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Iron ore fell — briefly touching the $100-a-ton threshold — as Beijing's latest efforts to revive the economy left investors disappointed, while an expansion in Chinese port stockpiles...
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Now details are emerging of a new take on iron smelting from China, which turns what has always been a slow and intensive process into one that only takes a few seconds.
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Poor steel production margins have prompted steelmakers to reduce operating rates through blast furnace maintenance ahead of the Chinese Lunar New Year, but most …
WhatsApp: +86 18221755073
Developed after more than 10 years of research, this method injects finely ground iron ore powder into a very hot furnace, causing an "explosive chemical reaction", according to the engineers.
WhatsApp: +86 18221755073
Iron ore headed for a brutal weekly loss, hitting the lowest level since 2022, on concern that a steel-industry crisis rippling across China will sap demand, while supplies from miners remain robust.
WhatsApp: +86 18221755073
Iron ore fell — briefly touching the $100-a-ton threshold — as Beijing's latest efforts to revive the economy left investors disappointed, while an expansion in Chinese port …
WhatsApp: +86 18221755073
Iron ore has jumped by about 10% in 10 days to breach $100 a ton, prompting the official journal of China's metals industry to pen a long article on why the gains are overdone.
WhatsApp: +86 18221755073
Iron ore headed for a brutal weekly loss, hitting the lowest level since 2022, on concern that a steel-industry crisis rippling across China will sap demand, while supplies from …
WhatsApp: +86 18221755073
China's apparent steel consumption (which takes into account net exports, but ignores changes in inventory etc.) was down nearly -5% in the first five months of 2024 and …
WhatsApp: +86 18221755073The creation of China's new state-owned iron ore giant — built to consolidate the nation's mining investments and coordinate purchases of the key steelmaking input — is being felt everywhere from Simandou to Sydney.
WhatsApp: +86 18221755073On Monday October 28, Jinnan announced that it will be focusing on innovations in iron ore concentrating and pelletizing technology – including magnetic separation – to support …
WhatsApp: +86 18221755073
On Monday October 28, Jinnan announced that it will be focusing on innovations in iron ore concentrating and pelletizing technology – including magnetic separation – to support a low-carbon steel footprint outside of China.
WhatsApp: +86 18221755073
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