Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner
Chinese inquiries for imported thermal coal have picked up amid stabilizing domestic prices and lower freight rates, but a wide bid-offer spread continues to deter spot deals, sources said Tuesday. Australian suppliers have raised their ...
As of April 7, inventory of iron ore at 33 major Chinese ports amounted to 108.28 million mt*, as announced by China's Xinhua News Agency. As of the same date, the Xinhua-China Iron Ore Price Index for imported iron ore with 62 percent ...
Tags: Iron Ore, Metallurgy, Mineral
Colombian coal exports in February fell 44% month on month to 4.067 million mt, which was 15.1% higher year on year, data from statistics agency DANE showed. The fall to the the lowest monthly level since March 2013 came amid a ban on ...
Tags: Coal Exports, shipping coal
Starting next month, publicly traded U.S. companies will have to report their use of certain minerals and their derivatives to the government. As an article (“Conflict minerals and corporate supply chains: The challenge of complying ...
The price of autocatalyst metal palladium hit its highest since August 2011 on Friday as a miners’ strike in South Africa ground on and concerns grew that the standoff between major producer Russia and the West over Ukraine could ...
Tags: Palladium, Palladium Prices, metal
China's Jinling Mining hiked its iron ore concentrate production in 2013 to 1.23 million mt, up 6.9% year on year in 2013, the Shenzhen-listed company said in its financial report released Tuesday. Jinling, one of the few Chinese iron ore ...
Tags: Jinling Mining, iron ore mining
Imports will account for close to 80% of China's iron ore requirements by 2016 as deteriorating ore quality makes more domestic supply uncompetitive in a lower price environment, China Hanking chief executive Guocheng Pan told an industry ...
Tags: Iron Ore Supply, Iron, Steel
An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...
Tags: Iron Ore, Domestic Supply, Chemicals
Fears of China moving to ban the import of lower grade coal have again resurfaced amid concern over the country's high pollution levels, with several market participants indicating that the government is seriously contemplating such a move ...
Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery. Bitcoin began as a means of payment but quickly ...
Tags: Bitcoin, Digital Currency, Speculators
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year of 2013, reporting a net loss of $6.45 billion, compared to a net loss of $2.61 billion in the same quarter of the previous year, as a ...