India plans to impose a duty on exports of low-grade iron ore, expanding a levy currently applied only to high-grade ore. The plan has upset companies that mine ore, but cheered steelmakers that use ...

India’s largest iron ore miners and steelmakers have locked horns over a potential government move to impose an export duty on low-grade iron ore, with the former seeking free exports while the steel ...

China Mineral Resources Group, the state-owned Chinese iron ore buyer, has told domestic steelmakers and traders not to buy or take any iron ore cargo from BHP, the world’s biggest miner, amid stalled ...

The Union government’s proposal to introduce 30% export duty on low-grade iron ore, up from 0% currently, effective from October, will only worsen the situation for both the mining and steel sectors ...

India is considering overhauling the way iron ore mining rights are auctioned, proposing a cap of 50 per cent on premiums and awarding blocks based on the highest upfront payment. The plan, discussed ...

Iron ore futures climbed on both the Dalian and Singapore exchanges, even as China’s domestic steel demand remains subdued. Analysts point to record steel export forecasts, stockpiling by mills, and ...

MELBOURNE (Reuters) -China's state iron ore buyer has asked the country's steelmakers and traders to pause purchases of dollar-denominated seaborne iron ore cargoes from BHP during its annual price ...

Research firm BMI is revising downward its 2023 iron-ore price forecast from a yearly average of $125/t to $110/t, owing to a weak rebound in mainland China’s industrial sector having pressured ...

Iron ore edged lower for a second day as investors weighed Chinese demand after the latest data showed a slowdown in government spending. China’s government spending increased at a slower rate for a ...

Industry body UCCIL has warned that an export duty on low-grade iron ore will lead to drop in production, domestic prices, long-term capacity losses and erosion of India's export competitiveness. The ...

SINGAPORE: Prices of iron ore futures ended lower on Monday, pressured by persistent weakness in top consumer China’s property sector, even as steel benchmarks and steelmaking ingredients posted gains ...

Iron ore is at risk of further losses on demand concerns and worsening mill margins in China, Commonwealth Bank of Australia said. Ahead of a week-long holiday in China, prices have already eased as ...