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Japanese medium reported that major Japanese steelmakers and Brazilian mining giant Vale SA are expected to reach the agreement in 2024 iron ore prices by the end of March and the price for April June is anticipated to rise 100 percent from 2024 s deal to USD 110 per tonne FOB
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AUSTRALIA said it expects iron ore prices to average $ a tonne this year down 20 per cent from 2024 because of rising global supply and moderating demand from top importer China as its steel sector shrinks
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Global coal demand is slowing fast which accounts for just over 50% of world demand iron ore and cement slow down to a greater degree as China seeks to
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China s long lasting battle against pollution could hit China s battle against pollution is just getting started further clouding the outlook for iron ore
· Read more about Weak demand heavy scrap import depress iron ore prices on Business Standard In the global markets iron ore of 62 grade has shed 14% in the past two months to trade at $136 a tonne
Despite slowing demand from China the long term demand outlook for iron ore was not bleak global commodity industry pricing and market analysis firm CRU consultant Serafino Capoferri told delegates at the fourth Africa Iron Ore conference in Johannesburg on Tuesday
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Chinese demand for iron ore falling say miners Chinese demand for iron ore has been the driving force behind years of expansion work by the world
Iron ore imports are expected to grow percent year on year to around 1 billion metric tons in China during 2024 driven largely by lower commodity prices and growth in domestic demand
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World demand for iron ore is far from peaking and the substantial price decline that has captivated commentators since early 2024 is not the result of widespread
Rio Tinto expects the global iron ore market to stay balanced through 2024 despite a likely moderation in steel demand growth in China the world s biggest steel consumer a senior executive said on Friday
The Chinese steel rally driving the price of iron ore is year for steel demand Credit Suisse has said Iron ore made plenty of that the world was
Kumba Iron Ore Ltd is the fifth largest supplier of seaborne iron ore in the world Of ThE SOuTh AfrICAN IrON ANd STEEl vAluE over domestic demand in
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Next year promises to provide some breathing space for bulker owners as the dry bulk fleet is likely to grow at the slowest pace seen since 1999 according to BIMCO which expects global demand to outstrip supply growth in 2024
UPDATE 1 Dalian iron ore jumps 7 pct on demand hopes after liquidity push Reuters Staff 3 Min Read BHP Billiton Ltd the world s No 3 iron ore producer
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