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Iron ore has had a wild year as a first-half demand boom was quashed by China's squeeze on real estate finances that drove a fall in construction activity, as well as a government push to curb pollution and emissions. Steel output slid to the lowest since 2017 in October, and Singapore futures plumbed an 18-month low earlier in November.

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China's appetite for iron ore roared back in November despite continued curbs on steel production, with trade data yesterday showing imports rose 7% year on year and 15% on the month. Most of that – about 60% – comes from Australia, although China's steel industry has been promoting plans heavily in Chinese media over the past week to ...

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Iron ore's heady days are fading as China's growth engine cools. The price of iron ore crashed to about US$85 a tonne in November, after hitting above US$230 in May. PHOTO: REUTERS. SINGAPORE ...

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Brazil's CSN estimates lower steel sales, higher iron ore output in 2022 guidance Brazil-based steelmaker and iron ore producer Companhia Siderúrgica Nacional (CSN) maintained its full-year 2021 guidance on Wednesday December 8, while also projecting a decline in steel sales volumes and higher iron ore production in 2022.

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