A total of 86 vessels carrying 13.58 million mt of iron ore arrived at major Chinese ports during August 23-29, SMM estimates. This was down 950,000 mt from the previous week, but up 2.23 million mt from the same period last year. The amoun

China is set to record another month of strong iron ore imports in August, helping to justify the ongoing resilience in the price of the main ingredient in steel. Whats harder to quantify is exactly whats happening to all the steel being pr

Mysteels PORTDEX 62% Australian Iron Ore Fines price dropped Yuan 5/wmt ($0.7/wmt) on day to Yuan 947/wmt FOT Qingdao and including the 13% VAT on August 26. On Wednesday too, the SEADEX 62% Australian Iron Ore Fines index rose by $2.55/dmt

China became a net importer of steel for the second consecutive month in July, despite crude steel production rising 9% year on year during the month, according to customs data released Aug. 26. China may remain a net steel importer in Augu

Exports to Australias largest customer, China, declined $2.46 billion or 17 per cent to $11.7 billion in July but increased to the United States and Britain. Iron ore exports to China fell 12 per cent or $1.11 billion to $8.12 billion, whil

Chinas soybean imports will continue to rise in the coming months as the impact of the COVID-19 pandemic on trade is limited, and the purchases of soybeans from the United States will be ramped up, the Ministry of Agriculture and Rural Affa

Iron ore prices continue to rise and are currently at their highest level since 2010 on the back of strong Chinese demand and restricted supply. Increasing consumption and falling domestic production in China pushed the price of 65% Fe Braz

A total of 96 vessels carrying 14.81 million mt of iron ore arrived at major Chinese ports during August 9-15, SMM estimates. This was up 2.16 million mt from the prior week and 410,000 mt from the same period last year. The amount of arriv

Chinas top economic planner said Friday that it would keep domestic gasoline and diesel prices unchanged as global oil prices have not seen drastic fluctuations in the past two weeks. Since July 24, the international oil price has fluctuate

US corn shipments to China in June surpassed the total volume of US corn exported to the Asian nation during the entire 2018-19 marketing season (September-August), indicating China continues to show intentions to fulfill its commitments un

Iron ore futures closed higher on Thursday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September delivery gained 25.5 yuan ($3.67) to close at 910 yuan per ton. On Thursday, the total tra

Prices for iron ore and coking coal, two key raw materials in steelmaking, delivered into China have moved in opposite directions since April this year, reaching virtual parity this week in a highly unusual event. Falling premium low vol co

Iron ore and steel futures in China closed higher on Thursday as Beijing aimed to complete local government special bonds issue by end-October, which is seen as a stimulus for infrastructure projects. China has set the annual local governme

Chinas crude imports from main suppliers Saudi Arabia, Russia and Brazil all hit fresh highs in June, boosting the countrys total crude imports to a record high and almost touching 13 million b/d in a month for the first time, General Admin

China imported a total of 101.7 million mt of iron ore in June, the second highest monthly imports on record, latest China Customs data showed, underpinned by robust demand from the Chinese steel mills and a recovery in supply from major ir