Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments.
Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments.
Chinese coking coal futures pushed higher for a second session as investors watched for a broader government crackdown on the sector after a deadly accident at a mine in Shanxi province.
Chinese coking coal futures pushed higher for a second session as investors watched for a broader government crackdown on the sector after a deadly accident at a mine in Shanxi province.
Police guard the road outside the Liushenyu coal mine in Shanxi province on May 24. Photographer: Greg Baker/AFP/Getty Images
Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply disruptions.
Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply disruptions.
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.
A worker walks past molten steel at a steel factory in Huai'an, in China's eastern Jiangsu province on July 22, 2025. (Photo by CN-STR / AFP via Getty Images) / China OUT
A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data analytics firm.
A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data analytics firm.
Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
Fortescue Ltd., one of the world’s biggest iron ore miners, has been ordered to pay over A$150 million ($108 million) in damages to an Aboriginal group after being found to have operated the Solomon Hub project on their land without consent.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.
Stockpiles of coal at a sorting and storage facility near the Beilun Port in Ningbo, China, on Sunday, Dec. 21, 2025. China is by far the world’s biggest buyer of iron ore, but has long complained prices are mainly dictated by major global miners.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.
Commuters cross a road at night in the central business district of Singapore, on Wednesday, Oct. 28, 2015. Singapore's third quarter unemployment rates are scheduled to be released on Oct. 29 by the Ministry of Manpower.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at risk.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
A freight train carrying iron ore travels towards Port Hedland, Australia. Photographer: Ian Waldie/Bloomberg
Brazilian miner CSN Mineracao SA is sounding out traders for a roughly $200 million prepayment against iron ore cargoes, according to people familiar with the matter.
Brazilian miner CSN Mineracao SA is sounding out traders for a roughly $200 million prepayment against iron ore cargoes, according to people familiar with the matter.
Steel rebars on a truck outside the Companhia Siderurgica Nacional (CSN) steel plant in Volta Redonda, Rio de Janeiro state, Brazil, on Tuesday, Feb. 11, 2025. US President Donald Trump on Monday ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
A freight train carrying iron ore travels along a track near a Rio Tinto Group rail yard in Karratha, Western Australia, Australia, on Wednesday, June 22, 2022. Iron ore is on course to end the week lower, with the increase in Chinese steel plants being idled and swelling inventories seen as signs of stagnant demand. Photographer: Carla Gottgens/Bloomberg
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
China’s state-backed iron ore buyer has told several steel mills in the country they are allowed to purchase some BHP Group cargoes, an apparent concession in a months-long commercial dispute.
A freight train carrying iron ore travels along a track near a Rio Tinto Group rail yard in Karratha, Western Australia, Australia, on Wednesday, June 22, 2022. Iron ore is on course to end the week lower, with the increase in Chinese steel plants being idled and swelling inventories seen as signs of stagnant demand. Photographer: Carla Gottgens/Bloomberg
Iron ore slid to its lowest in a month after a report that BHP Group’s incoming chief executive officer had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining giant and its main customer are thawing.
Iron ore slid to its lowest in a month after a report that BHP Group’s incoming chief executive officer had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining giant and its main customer are thawing.
Stockpiles of metal ore at the Beilun Port in Ningbo, China.
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