PTA 38th Annual Steamship Night

Iron ore rises to seven-week high on Fortescue view, China hopes

Iron ore climbed to the highest level in seven weeks as Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after…

US orders for business equipment tick up after downward revision

Orders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about demand prospects and tempering investment.

Bloomberg | April 24, 2024

China’s prices are just too low for buyers to sweat about tariffs

EU opens investigation into China’s medical device procurement

The European Union launched an investigation into China’s medical device procurement, as the bloc seeks to address concerns that Beijing’s policies unfairly favor domestic suppliers.

Brazil joins protectionist wave in face of cheap steel imports

Brazil is stepping up protections for its steelmakers amid an influx of cheap imports led by China, by imposing an import quota system on 11 types of alloy products.

Fortescue iron ore exports take hit from derailment, weather

Fortescue Ltd., the world’s fourth-biggest iron ore miner, said it expects full-year shipments of the steelmaking material to be at the lower end of its guidance after disruptions at its…