Blog - Iron Ores

Fortescue Partners with China Baowu Steel for Green Steel Production

Jan 8, 2025

Fortescue collaborates with China Baowu to tackle steel decarbonization via green iron technology, targeting full transition by 2030.

Iron Ore Faces Steepest Annual Decline Amid Chinese Market Turbulence

Dec 31, 2024

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Iron ore industry faces steep decline due to China's property crisis and increased miner supply, marking its worst year since 2015.

Iron Ore Prices Recover Amidst Rising Steel Margins and Reduced Portside Stocks

Dec 30, 2024

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Iron ore futures in China rebound as steel margins rise and portside stocks decline, signaling market recovery despite a slow demand season.

Iron Ore Prices Stabilize As Chinese Demand Recovers

Dec 26, 2024

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Iron ore prices are stabilizing as Chinese steel mills boost demand. Explore key market trends and China's significant trade statistics in the global iron ore industry.

Iron Ore Prices Plummet Below $100 Amid China Property Concerns

Dec 24, 2024

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Iron ore prices dip below $100 amidst China's property market woes pointing to a 33% annual drop, with implications for global trade.

Iron Ore Prices Continue Downward Trend Amid Economic Pressures

Dec 20, 2024

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Iron ore prices are on a decline due to economic pressures, a slowdown in China, and forecasts predicting further reductions. Learn more about the export dynamics.

Nippon Steel and Sojitz Invest in Kami Project

Dec 19, 2024

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Nippon Steel and Sojitz have taken a significant step by acquiring a 49% stake in Champion Iron's Kami project, positioning themselves strategically in the global iron ore supply chain.

BHP and Rio Tinto Unite for Australia's Largest Electric Furnace

Dec 17, 2024

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BHP and Rio Tinto partner with BlueScope Steel to build Australia's largest electric iron-making furnace, aiming to lower emissions significantly and transform the steel industry.

BHP Eyes Expansion in Brazil Amid Improved Conditions

Dec 13, 2024

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BHP Group plans to expand in Brazil after resolving the Samarco joint venture settlement, opening new investment opportunities in the nation's untapped mineral resources.

Vale to Erect New Iron Ore Briquette Plant in Louisiana with Substantial US Financing

Dec 12, 2024

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Vale secures $283M from the US Department of Energy to construct an iron ore briquette plant in Louisiana, a move set to enhance local processing capabilities and support the vibrant US iron ore market.

Iron Ore Imports to the Netherlands Fall by 8% to $3.1 Billion in 2023

Dec 5, 2024

Iron Ore imports reached a peak of 28M tons in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, iron ore imports dropped to $3.1B in 2023.

Global Iron Ore Outlook: Weakness Expected to Persist Beyond 2025

Nov 25, 2024

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Explore the persistent weakness in the global iron ore market expected beyond 2025, driven by sluggish demand and robust supply. Key insights include Fitch Solutions' outlook on prices, China's steel production challenges, and global supply trends.