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A service for mining industry professionals · Friday, February 3, 2023 · 614,911,739 Articles · 3+ Million Readers
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Iron Ore Prices News Monitoring

  • Published on Feb 2, 2023

    Iron ore price hits 2-week low as traders reassess demand prospects in China

    Steel prices are “running strongly under the support of cost and positive expectations,” Huatai Futures analysts said in a note. But analysts said the demand-side support for iron ore needed to be verified. China’s imports and exports are facing an “ …

    Source: Mining.com - Neutral
  • Published on Feb 2, 2023

    Iron ore subdued as China reopening-driven rally fizzles out

    Steel prices are "running strongly under the support of cost and positive expectations," Huatai Futures analysts said in a note. By Enrico Dela Cruz Iron ore futures were subdued on Thursday as traders reassessed demand prospects in key consumer …

    Source: Auto News - Neutral
  • Published on 03:01 GMT

    Ground Breakers: The nickel market could see a major supply increase this year as EVs stoke high prices

    ANZ predicts nickel supply surplus of 55,000t in 2023 Says supply response is emerging to rising price and growing demand from EVs after finishing 2022 at +US$30,000/t Winsome raises $60m for lithium drilling as iron ore tanks materials sector The …

    Source: Stockhead - Neutral
  • Published on Feb 2, 2023

    Hawsons reassesses iron-ore project size

    PERTH (miningweekly.com) – ASX-listed Hawsons Iron this week reported that it would modify the bankable feasibility study (BFS) for its namesake project, in New South Wales, following the completion of a strategic review. The company last year slowed work …

    Source: Mining Weekly - Neutral
  • Published on Feb 1, 2023

    Iron ore prices could rally as one leading producer remains reluctant to share, analyst says

    A coke plant worker beside coke battery ovens at the ArcelorMittal steel plant in Kryvyi Rih, Ukraine, in March 2019. Vincent Mundy | Bloomberg | Getty Images Expect exports of iron ore out of India to remain low as the world's fourth-largest producer …

    Source: CNBC - Neutral
  • Published on Feb 1, 2023

    Ground Breakers: While iron ore is back in gear, steel production is showing a different story

    Iron ore has rallied to over US$128/t since entering the year at ~US$116/t But recently steel output has been weak across the globe, falling 10.8% in December and 4.2% worldwide in 2022 Argosy oh so close to becoming ASX’s second commercial lithium …

    Source: Stockhead - Neutral
  • Published on Feb 1, 2023

    March 31 deadline for bidders to lift auctioned iron ore

    Panaji: With almost 50% of the e-auctioned iron ore in the state lying uncollected at jetties and in various plots, the government has now given a deadline of March 31 for the bidders to lift the cargo. The directorate of mines and geology (DMG) on Tuesday …

    Source: Navhind Times - Neutral
  • Published on 01:22 GMT

    Kumba warns profit will plunge by more than a third

    Kumba Iron Ore expects headline profit to drop by as much as 44% in the year ended December as the result of lower iron ore prices and lower sales, though its shares rallied after an initial jolt. In a trading update on Thursday, Kumba, which is majority …

    Source: BusinessLIVE - Uncategorized
  • Published on Jan 31, 2023

    Iron ore retreats as traders assess China demand

    The so-called China reopening has also boosted spot iron prices, with the benchmark 62%-grade material hitting the highest since June on Monday above $130 a tonne, SteelHome consultancy data showed. By Enrico Dela Cruz Iron ore futures slipped on Tuesday, …

    Source: Auto News - Neutral
  • Published on Jan 31, 2023

    China’s Iron Ore Imports Market Share Reached 71.3% in 2022

    China’s iron ore imports retreated by an additional 1% during 2022. In its latest weekly report, shipbroker Banchero Costa said that “2022 was a rather negative year for global iron ore trade, primarily due to weaker demand worldwide and supply issues in …

    Source: Hellenic Shipping News - Neutral
  • Published on Jan 31, 2023

    Dalian iron ore sets contract high on demand optimism

    MANILA: Dalian iron ore futures extended gains after a week-long Lunar New year holiday in China, climbing more than 3% to a contract high on Monday, on optimism around demand prospects for the world’s top steel producer. The most-traded May iron ore …

    Source: Business Recorder - Neutral
  • Published on Feb 2, 2023

    Meta paces tech surge, Apple, Alphabet, Amazon report

    “This week will go down as the first true test for market participants in 2023,” Vanda Research’s Marco Iachini and colleagues said.“Retail traders have been taking it all in stride, with daily inflows generally above the 2022 daily average and indicating …

    Source: Financial Review - Center-right
  • Published on Feb 2, 2023

    ASX Today: Meta boosts S&P 500, Nasdaq; miners drag

    Australian shares were poised to open higher for a third session after an earnings surprise from Facebook parent Meta Platforms helped power the S&P 500 to its strongest level in five months. The S&P/ASX 200 will open 25 points or 0.34 per cent …

    Source: The Market Herald - Neutral
  • Published on 00:12 GMT

    U.S. Steel reports solid 4th quarter, second-best earnings in 2022

    PITTSBURGH–(BUSINESS WIRE)– United States Steel Corporation (NYSE: X) reported fourth quarter 2022 net earnings of $174 million, or $0.68 per diluted share. Adjusted net earnings was $226 million, or $0.87 per diluted share and excluded the impact of a one …

    Source: Illinois Business Journal - Neutral
  • Published on Feb 2, 2023

    Why silver is outperforming gold

    Silver has sharply outpaced gold’s gains in the past three months, and its classification as both an industrial and precious metal may lead it on a path to even higher prices. From Oct. 31 to Jan. 31, Comex silver futures SI00, -0.25% SIH23, -0.25% climbed …

    Source: MarketWatch - Neutral
  • Published on Feb 2, 2023

    Forget Cash ISAs! I can get 6% a year from these two income stocks

    The FTSE 100 is crammed full of income stocks that offer sky-high dividend yields that thrash the returns on cash. I’d much rather buy them to build retirement wealth than save into a Cash ISA, even though the Bank of England has just hiked base rates to …

    Source: The Motley Fool - Neutral
  • Published on Feb 2, 2023

    Re-engineering filter presses

    When Thejo’s filtration division was approached to develop and provide replacement of filter spares for a leading mineral producer in south India, it answered the call. The south Indian mine’s prime purpose was to utilise the slime deposits generated from …

    Source: Australia Mining - Neutral
  • Published on Feb 2, 2023

    Yes, There Will Be Enough Biofuels; No, They Won’t Impact Food Supplies

    Today I was challenged for probably the 50th time on the subject of biofuels, which I’m bullish about. But I’m bullish about them where they make sense, and bearish where they don’t. Ground transportation? All electric. Marine shipping? Lots of electric, …

    Source: Clean Technica - Neutral
  • Published on 02:03 GMT

    Aust share market on pace to finish week higher

    The local share market is edging higher for a third straight day, putting the market on track for another week of gains. At noon on Friday the benchmark S&P/ASX200 index was up 29.8 points, or 0.4 per cent, to 7,541.4. The broader All Ordinaries …

    Source: PerthNow - Neutral

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  • Published on February 2, 2023 - 18:13 GMT

    Public comment period open on Mining Commission rules review

    The North Carolina Mining Commission is conducting a periodic review of the mining rules as required by state statute and is accepting public comment through April 4, 2023. The Commission is required to evaluate each of the existing rules and make an …

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  • Published on February 2, 2023 - 16:30 GMT

    Public comment period open on Mining Commission rules review

    The North Carolina Mining Commission is conducting a periodic review of the mining rules as required by state statute and is accepting public comment through April 4, 2023. The Commission is required to evaluate each of the existing rules and make an …

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