https://newsletter-mw.creamermedia.com
Coal|Energy|Iron Ore|Ports|Stainless Steel|Steel|Trucks
Coal|Energy|Iron Ore|Ports|Stainless Steel|Steel|Trucks
coal|energy|iron-ore|ports|stainless-steel|steel|trucks

Iron-ore rises on Australia supply disruption concerns

26th March 2026

By: Reuters

  

Font size: - +

SINGAPORE - Iron-ore futures rose on Thursday, supported by concerns over Australian supply disruptions due to the closure of ports in the Pilbara region following a cyclone.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.31% higher at 818 yuan ($118.45) a metric ton, as of 02:26 GMT.

The benchmark April iron ore SZZFJ6 on the Singapore Exchange was up 2.15% at $107.45 a ton.

Portsat Ashburton, Cape Preston West, Dampier and Varanus Island have shut down due to Tropical Cyclone Narelle, Pilbara Ports said on Thursday, leading to concerns over iron-ore supply from top exporter Australia.

However, gains were capped due to production restrictions in theChinese iron ore hub of Tangshan, which could result in lower demand. The city activated a level-2 emergency response for heavy air pollution on March 25, local authorities said.

Steel mills in Tangshan are also facing restrictions on scrap metal trucks entering their facilities, consultancy Mysteel said in a note.

Meanwhile, high energy prices have led to worries about global inflation, while expectations of US interest rates cuts have weakened. The broader caution has increased the risk of a price correction across bulk commodities, a note from Shanghai Metals Market said.

Other steelmaking ingredients on the DCE fell on Thursday, with coking coal DJMcv1 and coke DCJcv1 down 0.96% and 1.07%, respectively.

Steel benchmarks on the Shanghai Futures Exchange were mixed. Rebar SRBcv1 and hot-rolled coil SHHCcv1 lost 0.25% and 0.27% respectively, while wire rod SWRcv1 traded flat. Stainless steel SHSScv1 gained 0.66%.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 1.181s - 104pq - 2rq
Subscribe Now