Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy. Futures ...

SYDNEY (Reuters) - BHP Billiton is looking at more job cuts at its flagship Australian iron ore division as a way to reduce costs, as ore prices slump and pressure mounts to rein in spending. The ...

LAUNCESTON, Australia (Reuters) - There are tentative signs that the supply crunch that has driven iron ore prices to their highest in more than five years is starting to ease, although the market is ...

Fortescue on Tuesday reported a 41% fall in annual net profit and pared its dividend, reflecting a drop in iron-ore prices as China's real-estate crisis weighed on steel demand. Australia's Fortescue, ...

The Australian Government has extended its conservative iron ore price outlook of a fall to US$60/tonne (62% Fe, FOB Australia) from the end of March 2025 to the end of September. As previously ...

The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...

An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. China, the ...