DCE iron ore fluctuated upward. The most-traded I2505 contract finally closed at 820.5 yuan/mt, up 1.48% throughout the day. Traders sold goods based on market trends, while steel mills purchased as ...

BHP, the largest Australian mining company, has slashed its interim dividend to an eight-year low amid a slowdown in Chinese ...

Dalian iron ore futures fluctuated rangebound, but surged significantly in the afternoon. The most-traded I2505 contract finally closed at 837 yuan/mt, up 2.26% for the day. Traders actively sold off ...

Overall for 2024, the iron ore price has shrunk by 27 percent. “The main reasons for the drop are: China’s lower pig iron production, steady seaborne shipments, rising port stocks and a ...

[Sir Henry Bessemer]’s method for turning pig iron into steel was a great boon ... ensuring constant steel production from ore to rail. Between 1872 and 1974, these converters created an ...