Miners Stall On Iron-ore Price Talks

The world's steelmakers want at least a 10% reduction in iron-ore prices, but miners are determined to keep prices level as the two sides begin secretive contract negotiations.

Topics:  miners   iron-ore price   prices   
BING NEWS:
  • Iron ore slumps to five-week low, hurt by slow steel demand in China
    Iron ore futures fell Friday to their lowest in more than five weeks ... Singapore futures slid as much as 1.8% to $98.95/metric ton, the lowest intraday price since November 19, before bumping up to ...
    12/26/2024 - 11:35 pm | View Link
  • Iron Ore Weakens as Australia Flags Return to Sub-$100 Prices
    Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy.
    12/19/2024 - 3:13 pm | View Link
  • Monsters of Rock: Canberra forecasters see iron ore price decline … again
    Federal government forecasters are continuing to go bearish on iron ore prices, as Australia plans for lower bulk commodity prices.
    12/19/2024 - 1:17 pm | View Link
  • Australia extends conservative iron ore price outlook
    The Australian Government has extended its conservative iron ore price outlook of a fall to US$60/tonne (62% Fe, FOB Australia) from the end of March 2025 to ...
    12/17/2024 - 1:31 pm | View Link
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