Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...
Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...
Tags: Capesize Vessels, Iron Ore
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
Australian miner Roy Hill said Tuesday the first vessel has docked at its newly completed South West Creek Wharf in Port Hedland in readiness for loading iron ore fines and lump from its new mining operation. The vessel MV Anangel ...
Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...
Tags: Seaborne iron ore, steel, ore
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, cream cheese, food, beverage
Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, Cream Cheese
Chile's CAP Mineria's net profits in the first nine months of the year fell 83% to $17.3 million as lower iron ore prices cut income despite higher shipments and record production, according to results late Friday. The company, the mining ...
Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...
Tags: Fomento Resources, seaborne prices, Iron Ore
Coca-Cola has launched a new $5.7m PET bottling line in Liberia which was formally commissioned by President Ellen Johnson Sirleaf, who has challenged Liberians to create the enabling environment for businesses investing in this country to ...
Tags: Coca-Cola, Pet Bottling Line
China’s trade and economic relations with Australia, New Zealand and Pacific island countries maintained a steady development in 2014. In November 2014, President Xi Jinping paid state visits to Australia, New Zealand and Fiji, and ...
Tags: China-Oceania Trade, agriculture, husbandry, aquatic products
According to the statistics of the General Administration of Customs, the total import and export value reached US$1.22254 trillion, with a decrease of 7.6% year on year, among which the export totaled US$690.16 billion, up 1.6% and the ...
Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore