A new iron making technology developed in China is set to significantly impact the global steel industry. Developed after more than 10 years of research, this method injects finely ground iron ore ...
BEIJING, March 5 (Reuters) - China's state-run iron ore buyer has widened restrictions on buying new seaborne iron ore ...
Iron ore prices fell to a ten-month low in April 2024. The drop was attributed to a warning from the China Iron and Steel Association about delayed steel demand recovery. Chinese steel mills were ...
China is using the Chinese Mineral Resources Group (CMRG) to centralise iron ore buying and regain leverage after years of fragmented procurement and market volatility. Beijing aims to expand its ...
local ore producers to speed up key projects, as the world’s biggest consumer grapples with its dependence on imported supplies from top miners such as BHP Group. The association will ramp up efforts ...
China’s top steel industry group has urged the state-backed iron ore trader, China Mineral Resources Group Co., to push for using domestic price benchmarks in supply talks with major miners including ...
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