Enrico Dela Cruz

Iron ore retreats on China steel output curbs, demand pessimism

Oct 12 2021

Iron ore futures fell on Tuesday, with the Singapore benchmark retreating more than 7% after a four-day rally and Dalian contracts erasing early gains, as investor focus shifted back to steel production controls in China.

UPDATE 1- Easing inflation gives Philippine c.bank scope to keep rates low

Oct 04 2021

* Cbank sees inflation within target by yearend (Adds details, comments)

UPDATE 1-Philippines raises $866.2 mln at retail dollar bond auction

Sep 15 2021

* Tenders at Wednesday's auction reach $938.2 mln (Adds auction results, cbank chief's comment)

China steel futures dip as demand concerns outweigh output cuts

Jul 28 2021

Shanghai steel futures fell for a second straight session on Wednesday as concerns over slowing Chinese demand for the construction and manufacturing material eclipsed moves to reduce its production.

Dalian iron ore edges higher; stainless steel shimmers

Jul 14 2021

Dalian iron ore futures ticked higher in range-bound trade, while the Singapore benchmark slipped on Wednesday, pressured by concerns about demand prospects for the steelmaking raw material in top steel producer China.

UPDATE 1-Shanghai steel futures hit eight-week peak on China liquidity boost

Jul 12 2021

* Dalian, SGX iron ore rise, but off session highs (Updates prices, adds chart)

Shanghai steel futures scale 8-week peak on China RRR cut

Jul 12 2021

July 12 Shanghai steel futures extended gains to hit an eight-week high on Monday, after China's latest monetary policy easing measure fuelled a rally driven by concerns about output curbs in the world's top steel producer.

Philippines orders probe after worst military accident in 3 decades

Jul 05 2021

MANILA (Reuters) -Philippine authorities ordered an investigation on Monday into the crash of an Air Force plane that overshot a runway and killed more than 50 people, including civilians, in the country's worst military air accident in nearly three decades. | Video

UPDATE 1-Shanghai steel futures extend gains to 7th day on output curbs

Jul 01 2021

* Anhui steel mills seen cutting output in H2 (Updates prices, adds chart)

Shanghai steel futures hit 2-week high on output curbs, lift iron ore

Jun 30 2021

July 1 Chinese steel futures rose for a seventh straight session on Thursday on lingering concerns over supply prospects as the world's top producer of the construction and manufacturing material seeks to reduce output this year.

World News