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China iron ore futures hit 3-week low as demand outlook

Chinas iron ore and steel futures on Tuesday defied a recovery of industrial metals and equities, which rebounded following the scaling up of monetary and fiscal policy support for economies hammered by the pandemic. Investors are reassessing the effectiveness of the stimulus plans, commodity strategists at ANZ said in a note. China steel, iron ore futures hit record highs on strong Apr 26, 2021 · Reuters. BEIJING Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fueled by structural supply shortage. The northwest Shaanxi province recently urged local departments, as requested by Chinas state planner and other

China steel, iron ore futures hit record highs on strong

Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit China steel, iron-ore futures hit record highs on strong Apr 26, 2021 · China steel, iron-ore futures hit record highs on strong demand, supply fears. Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand Chinas Steps Turn Iron Into Worlds Most Volatile CommodityJun 18, 2021 · Chinas Steps Turn Iron Into Worlds Most Volatile Commodity. (Bloomberg) -- Iron ore, one of the hottest commodities in the early days of the raw materials rally, has now become the most

Iron ore futures hit record highs International Investor

May 10, 2021 · Iron ore futures hit record highs. Iron ore prices jumped more than 10 per cent in Asia trading on Monday on growing expectations that the global economic recovery from the Covid-19 pandemic would extend beyond China and buoy commodities markets. Futures prices for iron ore in Singapore rose to more than $226 per tonne, a record in dollar terms. Iron ore hits record on China demand Financial TimesIron ore, the steelmaking ingredient that is the main source of profits for some of the worlds biggest miners, has hit a record high as Chinese steel mills crank up production to make the most Iron ore price up as China steel futures hit new highs Apr 23, 2021 · September iron ore on Chinas Dalian Commodity Exchange ended daytime trade 1.2% higher at 1,104.50 yuan ($170.11) a tonne. The most-active contract has risen 4.3% this week.

Iron ore price up as China steel futures hit new highs

Apr 23, 2021 · Iron ore futures advanced on Friday, on course for a fifth straight week of gains, as anti-pollution steel output curbs in China and strengthening global steel demand propelled prices to record Iron ore record $200 rally China steel - BloombergMay 05, 2021 · A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron ore to an unprecedented high as the biggest miners struggle to Iron-ore scales over three-week high on China demand Jun 11, 2021 · Iron-ore futures jumped on Friday to their highest in more than three weeks, as a rebound in steel inventory in top producer China suggested that demand for

Shanghai steel futures hit eight-week peak on China

2 days ago · Shanghai steel futures extended gains to hit an eight-week high on Monday, after a monetary policy easing measure in China fuelled a rally driven by concerns about output curbs in steel:Dalian iron ore futures set for 6th monthly gain Aug 31, 2020 · Spot prices of iron ore with 62 percent iron content for delivery to China rose to a one-week high of $124 per tonne on Friday, SteelHome consultancy data showed. "Iron ore gained as strong demand China iron ore futures hit 2-week high on steel demand Sep 03, 2020 · China iron ore futures hit 2-week high on steel demand outlook. bolstered by expectations of a further pickup in steel output and demand in China against the backdrop of an improving outlook