July Hebei Steel PMI Shows Weak Supply and Demand, Mills Concentrate on Maintenance and Output Cuts
Hebei province's steel industry continued to show a pattern of weak supply and demand in July.
Source: KLF Mining
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Fast-moving market developments, company updates and policy signals.
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Gabon cuts VAT on local rebar to accelerate steel reindustrialization
Gabon reduces VAT on locally produced and sold rebar from 10% to 3% to boost its steel industry.
Source: kuanglifang.cn
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BHP WA iron ore talks collapse; 48-hour strike to begin
BHP and unions fail to resolve pay talks at FWC, with stoppage and port loading suspension at Port Hedland extended to 48 hours.
Source: KLF Mining
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Black Sea port deadlock causes Ukrainian iron ore exports to collapse
Ukraine's iron ore exports collapse amid Black Sea port standoff.
Source: kuanglifang.cn
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Iron Ore Price Approaches 13-Month Low; High-Cost Supply Faces Pressure
On August 4, iron ore prices briefly approached a 13-month low, and the market may face pressure for some high-cost capacity to exit.
Source: KLF Mining
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Q2 output and sales of four major miners: BHP posts record output, FMG shipments exceed 200 million tonnes
The operating reports of the four major miners for Q2 2026 have all been released.
Source: KLF Mining
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Citi: Iron Ore Cost Support at $85, High-Cost Producers Under Increasing Pressure
Citi estimates an iron ore price floor of around $85 per tonne, with the industry breakeven price rising to $66 per tonne.
Source: KLF Mining
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Fortescue FY iron ore output up 3%; Iron Bridge assets to be impaired by $525 million
Fortescue's FY2025/26 iron ore output rose 3% year on year to 246 million tonnes.
Source: kuanglifang.cn
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Iron Ore Giant Radiant World Faces Scrutiny as Traders Sever Ties
Iron ore giant Radiant World faces scrutiny as traders move to cut cooperation.
Source: kuanglifang.cn
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Three Major Trading Giants Suspend Cooperation with Iron Ore Merchant Radiant World
Three major trading giants have suspended cooperation with iron ore merchant Radiant World.
Source: KLF Mining
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One of World's Largest Iron Ore Traders Hit by Another Forged Document Scandal; Multiple Majors Suspend Trading
One of the world's largest iron ore traders is again embroiled in a forged document scandal, leading several major companies to suspend trading.
Source: KLF Mining
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