Singapore Exchange benchmark October iron ore futures rose 0.64% to $96.65/tonne on Wednesday. ANZ analysts said prices have steadied after last week’s sharp fall and that Brazil supply disruptions linked to El Nifio, together with seasonal demand ah

2026-09-23

Singapore Exchange benchmark October iron ore futures rose 0.64% to $96.65/tonne on Wednesday. ANZ analysts said prices have steadied after last week’s sharp fall and that Brazil supply disruptions linked to El Nifio, together with seasonal demand ahead of China’s October Golden Week, are providing short-term support. BMI analysts warned elevated coking-coal prices continue to squeeze steel margins, leaving steelmaker profitability weak and capping upside for iron ore.

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Gulf states will urge U.S. President Trump to avoid further escalation with Iran at a Tuesday meeting during the UN General Assembly, people familiar with the matter said. GCC officials, including representatives from Saudi Arabia, the UAE and Qatar,

2026-09-23

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