Iron Ore Rises as China Tightens Curbs in Commodity News 20/03/2026 Iron ore futures climbed above CNY 810 per ton, recovering losses from earlier in the week after China reimposed buying restrictions on BHP’s Jimblebar product, tightening available supply. Beijing also introduced a secondary ban on BHP’s Newman fines amid an ongoing dispute between state-backed China Mineral Resources Group and BHP Group over the 2026 supply contract. On the demand side, industry data showed average daily hot metal output rose by 38,000 metric tons week-on-week and is expected to increase further. However, upside in prices may remain capped as port inventories in China continue to build, driven by strong shipments from producers and persistently weak steel demand amid the country’s prolonged property sector downturn. China’s crude iron ore output increased 1.3% year-on-year to 161.64 million metric tons in the first two months of the year. Source: Trading Economics 2026-03-20 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