China's strong iron ore imports diverge from weak steel …
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 ...
Iron ore price: Incredible figures show trade between China …
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 ...
Exclusive: Fortescue faces rare delays for China iron ore …
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 ...
China's 2023 iron ore imports hit a record high on rising demand
The world's largest iron ore consumer brought in a total of about 1.18 billion metric tons in the past year. ... The 2023 total also marked the first rise since 2020 as Beijing introduced a cap on ...
Chinese Dry Bulk Imports Defy Domestic Concerns
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, …
Iron ore heads for second quarterly rise on China demand …
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...
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Get all the latest maritime news delivered straight to your inbox. Go. ... Dalian iron ore dives as China stimulus disappoints. Dalian iron ore futures tumbled on Thursday to their lowest in more than two... Baltic index …
China's building-season flop dents hope of iron ore market …
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.
Production of iron ore fell in 2009, but shipments continued …
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 …
China's 2023 iron ore imports hit a record high on rising demand
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 government-mandated steel output caps and higher-than-expected steel exports. The world's largest iron ore consumer brought in a total of about...
Iron ore rebounds on improved China data, resilient demand
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 ...
Iron Ore Prices Rise as China Ramps Up Imports
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.
Dry Bulkers in High Demand | Hellenic Shipping News …
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 2023 iron-ore imports hit a record high on rising …
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 …
Dalian iron ore extends rise on renewed hopes of improving China demand
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 ...
Dry Bulk Market | Hellenic Shipping News Worldwide
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 ...
China's 'superglut' to crash iron ore 'on every …
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 ...
Clarksons: Global Seaborne Trade to Grow by Up to 4 Pct in 2017 | World
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.
Dalian iron ore extends rise on renewed hopes of improving China demand
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 ...
Chinese Dry Bulk Imports Defy Domestic Concerns
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.
China's all-embracing maritime influence
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.
Iron ore price falls on China demand concern, muted pre …
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.
China Iron Ore Imports Lift Global Iron Ore Trade in 2023
The dry bulk market benefited from an increase in Chinese iron ore imports, most notably an increase in ton-mile demand. In its latest weekly report, shipbroker Banchero Costa said that "2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased...
China iron ore imports head for record even as steel output …
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 …
Chinese iron ore futures rise on weak supply, demand …
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.
Iron ore price to exceed $100/t in 2024
The price of iron ore will exceed $100 per ton on average this year. This is the forecast of the British international commercial bank HSBC Holdings, Bloomberg reports. According to HSBC, the global market remains tense despite the real estate crisis in China, which worsens the outlook for steel demand in the country.
China's rising iron ore imports to lift dry bulk shipping demand …
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.
Demand for iron ore levelled off in 2015, reflecting weak
The UNCTAD Iron Ore Market Report 2015, covering developments in the iron ore market in 2014 and providing an overview for 2015–2016, shows that slowing growth in worldwide steel production meant that the market for iron ore, the primary raw material of steel, entered a new phase with slower growth, lower prices and squeezed margins for mining …
Iron ore slump deepens on China demand worries, ample …
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 ...
Iron ore soars to over one-week high on upbeat seasonal demand …
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.