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03 AUG 2026 MONDAY
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Iron Ore Pressured by Easing China Curbs in Commodity News 19/03/2026 Iron ore futures held below CNY 810 per ton, coming under renewed pressure after China’s state-backed buyer eased restrictions on BHP’s Jimblebar cargoes already held at Chinese ports this week. The move was widely seen as a concession to steelmakers grappling with supply challenges amid the prolonged dispute between CMRG and BHP Group. Meanwhile, seaborne shipments remain banned, potentially tightening supply in the near term. Analysts also noted that supply continues to outpace demand, with end-user consumption staying weak, while elevated spot prices may limit transactions. Chinese steel output declined in January and February, with mills holding back on inventory builds due to uncertain demand prospects. Source: Trading Economics 2026-03-19 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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market_report Hellenic Shipping News ·2026-03-19

Iron Ore Pressured by Easing China Curbs

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