Iron Ore Gets Second Weekly Boost on Hopes of Supply-Side Reform
4 Articles
4 Articles
The iron and steel producer CAP reported that it decided to maintain the suspension phase 5 of its subsidiary Pacific Mining Company (CMP), which will have impacts on production and its financial results. The company constituted an Independent Geomechanical Commission, composed of specialists from all disciplines of geosciences, which has aimed to commission studies and validate information to safeguard the stability of the mine and the value of…
Iron Ore Slips to $96 as Market Faces Supply Pressure
Iron ore prices for 62% Fe fines delivered to China slipped to $96 per ton on July 4, 2025, according to official exchange data. The Singapore Exchange (SGX) futures contract closed at $96.20 per ton in the early morning, reflecting a modest decline after a volatile session. China, as the world’s largest iron ore consumer, […]
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