China's iron ore imports slump
![Iron ore stockpiles in China continue to mount.](/content/dam/images/g/w/0/a/7/b/image.related.afrIndexLead.320x210.gw08jm.png/1494227061753.jpg)
Trade figures on Monday showed imports during April falling to 82.23 million tonnes, in a further sign that the rally in hard commodities seen over the last year is falling away.
Trade figures on Monday showed imports during April falling to 82.23 million tonnes, in a further sign that the rally in hard commodities seen over the last year is falling away.
Iron ore's tough week has opened up a pathway for benchmark spot prices to drop back into the $US50s a tonne range.
Spot iron ore remains highly exposed to Chinese demand, which appears poised to ease as hope for supply tightness fades.
Iron ore is in full-scale retreat, with futures in China plunging to end limit-down on investor concern about demand.
BHP Billiton secured approval from local authorities to ship 5 million more tonnes of iron ore annually through Port Hedland.
Shanghai rebar steel futures advanced for a third straight session, supported by market expectations of production curbs.
​Shares in Vale slumped the most in two weeks, as executives signalled lacklustre trends for iron ore prices this year.
Mount Gibson Iron will restart its Koolan Island mine to capture the lofty premiums being paid for high-grade ore.
China's steel futures climbed amid unconfirmed market talk of production curbs in cities surrounding Beijing.
The appearance of an activist investor on his register has BHP taking its shareholders inside the tent more than usual.
Atlas Iron could explore new commodities to help buffer the iron ore producer from future volatility in the commodity, its new MD Cliff Lawrenson says.
Iron ore's early-year rally might prove to be a high-water mark for at least the next half decade, according to BMI Research.
Iron ore is destined to retreat back below $US50 a tonne next year as supplies go on rising, says Westpac's Justin Smirk.
The gaping delta between the prices paid for high grade and lower grade iron ores should ease in coming months, according to analysts.
After a rough ride, metals could be on the verge of a recovery. And it's thanks to China, according to Goldman Sachs.
Australian iron ore producers could be hurt by Donald Trump's move to stamp out "dumping" of foreign steel.
​Iron ore and steel futures in China bounced back on Thursday from a three-day fall and after a volatile session.
The Liberty House/SIMEC JV has hired a key executive from Nyrstar to lead its buyout bid for Arrium's Australian assets.
The spot price of iron ore snapped two days of sharp losses, though there's no sign yet that a new floor has been found.
The spot price of iron ore has fallen one-third from its February peak, as the slide into bear market turns into a rout.
Fortescue's production review shows it is sitting exactly where management knew it would need to be.
If you want to understand how the Chinese economy is performing and are seeking a gauge on the iron ore price, one measure is to look skyward.
Iron ore is at risk of extending declines in the coming weeks after the biggest one-day slump in more than a year.
Iron ore's tumble is not over, says Fortescue Metals Group chief executive Nev Power.
Iron ore tumbled 8.5 per cent overnight to $US68.04 a tonne, as already reluctant buyers stampeded to the sidelines.
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