December 2, 2023

Iron ore price rally continues as China boosts steel demand

Iron ore price rally continues as China boosts steel demand The price of iron ore, the main ingredient for steel production, has risen for the fifth consecutive week as China’s efforts to revive its property sector boosted steel demand in the world’s largest consumer. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) …

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Iran’s mining and mineral exports soar amid sanctions

Iran’s mining and mineral exports soar amid sanctions! The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the country exported more than $7.4 billion worth of mining and mineral products in the period, registering a 38 and 7.5 percent increase in weight and value respectively compared to the same period of …

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