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Latest news on China Reduced Iron markets

Latest Chinese Reduced Iron market news, prices, and analysis.
Date:
  • BHP, POSCO ink MoU to pursue 'near-zero emissions' in ironmaking

    Australian mining giant BHP and South Korean steelmaker POSCO have signed a Memorandum of Understanding (MoU) to produce iron with 'near-zero emissions' by advancing POSCO's hydrogen reduction ironmaking technology (HyREX), according to BHP's announcement on Thursday.

    Oct 31, 2025 16:00

  • New iron project to be launched in Western Australia

    Athena Resources, an Australian mineral exploration and development company, has signed a Memorandum of Understanding with local firms Warradarge Energy and Fenix Resources to develop what it claims will be a 'green' iron project in Western Australia's mid-west region, according to the company's ann

    Jul 16, 2025 16:00

  • MAEGMA Minerals, Primetals to build HBI plant in Malaysia

    MAEGMA Minerals, a subsidiary of the Malaysian industrial conglomerate Melewar Group, has signed a Memorandum of Understanding (MoU) with Primetals Technologies, part of Japan's Mitsubishi Heavy Industries, to establish a MIDREX Flex plant with a capacity of 2 million tonnes/year of hot briquetted i

    Jun 25, 2025 16:20

  • FEATURE: Global DRI production on the rise, yet China lags behind

    The world's production of direct reduced iron (DRI) is rapidly rising, with the total in 2024 reaching 144.1 million tonnes, higher by 3.9% from the prior year, according to new statistics from the World Steel Association (WSA).

    Jun 24, 2025 18:15

  • Nippon Steel Technology: Tech advances promise 'zero carbon' DRI production

    Compared with other feed materials used in steelmaking such as ferrous scrap and pig iron, direct reduced iron (DRI) has greater potential to significantly reduce carbon emissions through technological innovation, according to Nippon Steel Technology (NSTEC), the research and engineering arm of lead

    Mar 31, 2025 09:00

  • Nippon Steel Technology: Global DRI consumption to rise steadily through 2040

    The world's demand for direct reduce iron (DRI), a key material in global steel industry's shift toward low-carbon development, is expected to grow steadily over the next 15 years as steelmakers are seeking 'greener' feeds, according to the analysis of Nippon Steel Technology (NSTEC), the research a

    Mar 26, 2025 17:00

  • India's sponge iron production expected to reach around 55 mnt in FY'25

    Crude steel production to grow over 5% y-o-y in FY'25. Sponge iron capacity to touch 70 mnt by FY'30. DRI exports by India may reach 1.4 mnt in FY'25.

    Feb 24, 2025 10:00

  • India: Sponge iron prices drop by up to INR 550/t on soft steel demand

    Billet prices fall by INR 50-500/t. Spot trade volumes increase d-o-d.

    Apr 11, 2024 13:00

  • India's sponge iron production rises 17% y-o-y in CY'23

    Indian crude steel production up 11%, where as IF-EAF route registered 13% growth. Domestic scrap generation affected due to GST crackdown. Sponge iron exports rise over 30% y-o-y.

    Jan 25, 2024 08:30

  • CONF: China's iron ore imports to plunge 64% by 2050

    China's iron ore imports are expected to reduce by a huge 64% from 2022's 1.11 billion tonnes to 400 million tonnes by 2050, and the main force behind the plummet will be an optimization in the structure of steelmaking raw materials during a low-carbon era, according to Lei Pingxi, chief

    Nov 17, 2023 10:15

Price Curve
Daily Prices
  • Reduced iron powder prices: Northeast China

    Dec 12, 2025 09:26

  • Reduced iron powder prices: North China

    Dec 12, 2025 09:26

  • Metallurgical sponge iron prices: China

    Dec 12, 2025 09:25

  • Steelmaking sponge iron prices: China

    Dec 12, 2025 09:25

  • Reduced iron powder prices: East China

    Dec 12, 2025 09:25

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