The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.

Valin said on the interactive platform, like most steel companies are highly dependent on imported iron ore, about 90% of the company's iron ore comes from imports, mainly from Australia, Brazil, South Africa and other large mines, including Rio Tinto, Vale, F...

Standing on a sightseeing platform, Li looked out over the park and expressed optimism.

Rio Tinto has committed to invest $10 million with the world's largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research, the company said.

Japanese trading house Mitsui will not extend the option to provide $60mn in funding for the 10mn t/yr Hawson iron ore project.

According to the quarterly outlook report of the Australian Department of Industrial Innovation and Science, Australia's iron ore export revenue is expected to peak at A $123 billion by 2020-21. Iron ore prices are expected to remain strong over the next six m...

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.