Indian firm Vedanta's iron ore output drops in Jul-Sep
The company's saleable iron ore production stood at 1.08mn t over the three-month period, while sales edged up by 2pc against the previous year, to 1.34mn t. |
Iron ore navigates choppy seas amid some positive China signs
Amid volatility in most commodity markets, iron ore has been relatively stable over the past two months. |
BHP lifts steel consumption forecast on surging demand from renewable power farms
The world’s steel production stood at 1.95 billion tonnes in 2021, according to the World Steel Association. |
Brazilian iron ore exports hit highest monthly volume in two years
This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month. |
Iron ore price rises as Chinese steel mills resume ramping up output
Hot-rolled coil advanced 2.3%, while stainless steel gained 0.3%. |
Vale hires advisors as it assesses ‘value-unlocking alternatives’
Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction. |
Fortescue doubles green hydrogen spending as Europe push expands
The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million. |
Direct-reduced iron ore pellet premium falls at the start of October on oversupply
In September, the premium remained at $95 per tonne. |
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