It's no coincidence that the gain in inventories almost exactly matches the increase in imports, but the question remains as to why China's iron ore traders and steel mills have chosen to lift ...
China's iron ore imports in September rose 2.7% from August and climbed 2.9% from the year before, customs data showed on Monday, as bookings were encouraged by …
September saw a 12% year-on-year rise in iron ore shipments to China, signalling a recovery from earlier declines, and this trend is supported by increased output from Rio Tinto and Vale despite ...
"During the first five months of 2023, demand for Capesize ships increased 5% y/y while supply increased 3% y/y. Nonetheless, spot rate increases remain hesitant, largely due to concerns over ...
Arguably, the future trend in several major parts of world seaborne trade – coal, iron ore and crude oil – comprising two-fifths of the total volume could be broadly flat, or even negative.
China, which buys almost three-quarters of global seaborne iron ore, is likely to import as much as 120 million metric tons this month, according to vessel-tracking and port data. This would be a strong rise from the official customs number of 104.1 million tons in …
China's stronger exports have contributed significantly to increasing import demand of iron ore and other ores. Bauxite imports, the ore used to produce aluminium, have continued to climb quickly, jumping 14% y/y so far in 2024. "Strong Chinese dry bulk imports are key to a strong dry bulk market as 39% of cargoes head to China.
Dalian iron ore futures prices extended gains into a second consecutive session on Wednesday, helped by renewed hopes of demand recovery in top buyer China following an improving steel market ...
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories.
Dalian iron ore futures prices extended gains into a second consecutive session on Wednesday, helped by renewed hopes of demand recovery in top buyer China, following an improving steel market ...
AMP chief economist Shane Oliver said despite recent woes in China, continued demand for iron ore could be bolstered by the energy transition, infrastructure projects and a rise in global ...
But many participants raised doubts on whether it could achieve the target on time. China produced 72.07-million tons of iron ore concentrate in the first three months of 2024, a 4% rise from last ...
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 3.97% higher at 707.0 yuan ($99.25) a metric ton.
Its iron ore was cheaper to import than that sourced from China's own poorer-quality mines. Then, amid a shaky 2015 economy, the Chinese Communist Party intervened in monetary policy to breathe ...
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 4.64% higher at 699.5 yuan ($99.38) a metric ton, recording its steepest daily ...
Iron Ore & Steel: China's stimulus supports iron ore and steel prices. Global seaborne iron ore exports reached 34.49 Mt in the week beginning 16 September, marking the …
A projected growing rate of China's import of iron ore is expected to propel dry bulk shipping demand in 2017, according to a latest forecast by international shipping association Bimco.
Meanwhile, in the newbuilding market, Banchero Costa said that "Greece's Nereus Shipping, a subsidiary of CM Lemos, expanded its orderbook adding 3 x 158,600 dwt Suezmax tankers.
China's domestic iron ore output is also a factor, but the increase in first quarter production comes with a caveat, insofar as it's likely that the overall iron content is more or less stable ...
BEIJING - China's iron-ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of …
March 31 (Reuters) - Dalian and Singapore iron ore futures rose on Friday, and stayed on track for second straight quarterly gains on expectations of improved steel demand in China in the...
The most-traded January iron ore on China's Dalian Commodity Exchange (DCE) ended daytime trading 2.41% higher at 851.5 yuan ($116.80) a metric ton. ... Abu Dhabi Maritime Reports Significant ...
Speaking in a conference about the results of the Brazilian miner Vale in 2023, Marcelo Spinelli, VP of the company for the iron ore solutions area, mentioned that the company has plans to increase sales to regions outside China.. He mentioned Japan, Europe, India and Southeast Asia as main targets. In his view, the iron ore market is currently tight, with …
Uncertainty over prices, consolidation among producers, jockeying for market share, and increasing influence of demand from China characterize current situationGeneva, 30 July 2010 -- Production of iron ore fell in 2009 for the first time in seven years, but trade in this raw material -- driven by demand from China -- nevertheless increased last year, The Iron …
According to the shipbroker, "demand has been again rebounding in China and the Middle East. Iron ore imports into China increased by +5.4% y-o-y in Jan-May 2024 to 518.6 mln tonnes.
The most-traded September iron ore on China's Dalian Commodity Exchange fell as much as 3.7% to 717 yuan ($103.90) a tonne, its weakest since Dec. 21. ... reported a 5.8% year-on-year increase ...
China's stronger exports have contributed significantly to increasing import demand of iron ore and other ores. Bauxite imports, the ore used to produce aluminium, …
The most-traded May iron ore on China's Dalian Commodity Exchange (DCE) closed daytime trade 0.63% lower at 939 yuan ($130.57) per metric ton, off its morning lows.
Iron ore prices in China hit a three-week high on Monday on hopes of improving demand amid policy support to the property market in China and the expectation of further stimulus.
At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources ...
The start of China's peak construction season was supposed to finally boost demand for iron ore, which has endured a tempestuous year with prices now trading near 2022 lows.
China's total iron ore imports measured by volume increased by six per cent to 444.89 million tonnes in the first five months of the year. ... While this all spells good news for the Australian ...
Meanwhile, the primary May iron ore contract on China's Dalian Commodity Exchange (DCE) concluded daytime trading with a 1.76% decrease, settling at 979.5 yuan ($136.46) per metric ton.
Benchmark iron ore futures in China rebounded on Friday, jumping more than 5% to log a second straight weekly gain on tight supplies and demand recovery at mills.
According to Clarksons Research, aggregate world seaborne trade is projected to grow by 3.9% in full year 2017, on the back of a 2.8% growth seen last year, which itself was a major bounce back from the sluggish growth of 2.1% registered in 2015.