WebMar 23, 2024 · China's current iron ore strength may be as good as it gets for 2024 Benchmark 62% iron ore for delivery to north China , as assessed by commodity price reporting agency Argus, ended at USD 121.60 a tonne on Wednesday, a two-month low. WebDec 28, 2024 · Here are the top iron ore stories of 2024. #1 China. Iron ore is a barometer for the Chinese economy, so Chinese steel curbs to control carbon emissions set the tone for the metal’s performance ...
China determined to build iron ore hub in Africa as Australia goes Quad
WebJan 23, 2024 · China's iron ore imports were 90.86 million tonnes in December, down from 98.85 million in November and also weaker than October's 94.98 million. ... Reuters, the news and media division of ... WebJul 18, 2024 · China spent about $180 billion on iron ore imports last year. The new entity would house outbound investments such as the Simandou iron ore project in Guinea, seen by the China’s... hillside international sports enc
China establishes new minerals giant to gain leverage on …
WebMay 27, 2024 · According to global financial services firm UBS, China buys about 70 per cent of the iron ore Australia exports, which in turn makes up about 60 per cent of all the … WebApr 8, 2024 · Welcoming the world into the year 2024 was the news that China would accelerate its work on iron ore projects in Africa and Australia, a reminder of the country’s intention to bolster its own supply for steelmaking as well as its strength as an influencer on the global market. WebApr 11, 2024 · The spot price for benchmark 62% iron ore for delivery to north China, as assessed by commodity price reporting agency Argus, ended at $118.80 a tonne on Monday, the lowest since … hillside investments indiana