Iron ore prices significantly surged after the US and China announced a temporary rollback of tariffs, surprising market analysts who anticipated a price decrease.

Developed after more than 10 years of research, this method injects finely ground iron ore powder into a very hot furnace, ...

So-called flash ironmaking relies on the injection of a fine iron ore powder into a superheated furnace, with the reduction happening explosively and delivering a constant stream of molten iron.

Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.

Concern is mounting over just how big a hit the Chinese economy is going to take from the massive tariffs imposed by the ...

So-called flash ironmaking relies on the injection of a fine iron ore powder into a superheated furnace, with the reduction happening explosively and delivering a constant stream of molten iron.

The method involves injecting finely ground iron ore powder into an extremely hot furnace, triggering an "explosive chemical reaction", according to the engineers involved in the project.

Not all commodities have been falling steeply under the weight of rising tariffs with iron ore riding out the storm. The major profit generator for five of the world’s biggest mining companies ...

RIO DE JANEIRO/SAO PAULO, April 24 (Reuters) - Brazilian miner Vale (VALE3.SA), opens new tab reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite ...