me-metals: China’s state iron ore buyer has asked some domestic steel mills not to take delivery of certain portside iron ore products from Fortescue, industry sources said, the latest Australian miner to fall foul of Beijing’s push to increase control over the market.
News ID: 13418 Publish Date : 2026/07/05
me-metals: An Australian government report on Friday said efforts by China’s state-backed iron ore buyer to cut costs for Chinese steel mills may push down prices in the medium term, in a rare acknowledgment that such activity could affect earnings.
News ID: 13417 Publish Date : 2026/07/05
me-metals: Rio Tinto Group and Fortescue Ltd, two of the world’s largest iron ore producers, have switched the index they use to price shipments for the world’s largest commodities consumer, a rare change that follows public criticism of the current mechanism from state-backed buyer China Mineral Resources Group.
News ID: 13017 Publish Date : 2026/01/01
