Spot Iron Ore Dragging
Reuters reported Chinese low steel prices on Friday have investors doubting higher prices and dragged iron ore below $140 a tonne for the first time since February.
Articles Tagged "steel"
Iron Ore Prices Steady On Slow Demand
Reuters reported iron ore prices remained steady on Tuesday despite slow demand in China. As quoted in the market news: A cargo of Australian Pilbara iron ore fines was sold via China’s first physical trading platform, which began physical trading on Tuesday, at $145 a tonne, including freight cost, at par with current market levels, [...]
Iron Ore: Sellers Cut Prices
Reuters reported sellers cut iron ore prices on sagging steel trade in China.
Spot Iron Ore Slips
Reuters reported spot iron ore trading fell on lower demand in China.
Spot Iron Ore: Steady On Low Steel Prices
Reuters reported spot iron ore prices held steady on Wednesday despite low steel prices in China.
German Company Opposes Vale Pricing
Bloomberg reported a German steelmaker has said it disagrees with Vale's (SAO:VALE5) new pricing plan for iron ore.
Higher Iron Ore Prices Cause Steel Makers to Lose Profits
Bloomberg reported Angang Steel Co. (HKG:0347) swung to a first-quarter loss as iron ore costs gained and slowing economic growth in China dragged down prices.
Iron Ore: Slow Chinese Demand Builds Pressure
Reuters reported iron ore prices are holding steady on building pressure from slowed steel demand in China.
China Steel and Iron Fall From Six-Month High
Reuters reported iron ore fell from six-month highs on Thursday on worries steel demand will fall in China.
Spot Iron Ore Trading Cautious in China
Reuters reported spot iron ore trading was thin in China on Friday as steel futures dropped after reaching a three-month high.
