Iron ore pellets made on Minnesota's Iron Range will feed a blast furnace being restarted by United States Steel Corp.

Driven by customer demand and as part of the Company's ordinary course of business planning, U. S. Steel has begun the process to restart the operation of one of two blast furnaces ("B") at Granite ...

The blast furnace remains the cornerstone of high‐volume ironmaking, utilising complex thermal and chemical reactions to reduce iron oxides into molten iron. Contemporary operations place increasing ...

Today, iron ore futures surged before pulling back slightly. The most-traded contract I2601 hit a high of 804.5 and finally closed at 800.5, up 0.5% from the previous working day. Traders sold at ...

“Iron ore prices will continue to face pressure from easing fundamentals,” Mysteel analysts said on Thursday. “On the supply ...

BMI projects rising iron ore prices in 2026 due to elevated demand but warns of a downward trend in the following years.