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China March iron ore imports edge up, steel exports near 8-year high - Vimarsana News

China March iron ore imports edge up, steel exports near 8-year high

BEIJING (Reuters) -China's iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers typically ramp up production. The world's largest iron ore consumer brought in 100.72 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs showed. The relatively high level of imports were probably driven by expectations steel mills would resume production in March, which would then push up ore demand, said...

Source: yahoo.com
Strong gains for cocoa, iron ore in 2023 as energy prices dip - Vimarsana News

Strong gains for cocoa, iron ore in 2023 as energy prices dip

Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy and industrial metals in the New Year amid supply constraints and dry weather. Cocoa prices rose 72% to multi-decade highs because of constrained supplies and iron ore was up nearly 55% as China looked to shore up its property sector.

Source: yahoo.com
Strong gains for cocoa, iron ore in 2023 as energy prices dip - Vimarsana News

Strong gains for cocoa, iron ore in 2023 as energy prices dip

SINGAPORE : Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy and industrial metals in the New Year amid supply constraints and dry weather.The Thomson Reuters/CoreCommodity CRB Excess Return Index, which incl

Iron ore poised to hit $150 in 2024 on Chinese stimulus, analysts say - Vimarsana News

Iron ore poised to hit $150 in 2024 on Chinese stimulus, analysts say

Seaborne iron ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after...

Iron ore poised to hit US$150 in 2024 on Chinese stimulus, analysts say - Vimarsana News

Iron ore poised to hit US$150 in 2024 on Chinese stimulus, analysts say

BEIJING : Seaborne iron ore prices are set to climb to as much as US$150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after recent stimulus measures.The price outlook compares with earlier estimates of US$130 per ton,