Bloomberg reported that China, buyer of 65% of the world’s iron ore cargoes, expanded the destinations it got the commodity from this year with the first reported spot shipments from Oman, the Philippines and Sierra Leone. According ...
Tags: China, iron ore cargoes, destinations, Oman
Bloomberg reported that the cost of iron ore shipped to China exceeded the average price of locally mined supplies for the first time in 5 months, ending a price arbitrage that helped push November imports to the second biggest on record. ...
Tags: iron ore, steel making, steel, coal
According to Valor Economico, Mr Jose Carlos Martins executive in charge of Brazilian giant Vale's ferrous operations expects the company's Valemax ships to start docking in China in 2013. Brazil based Vale has so far received 18 of the ...
Tags: Valor Economico, ferrous operations expects, Valemax ships, iron ore