Australian miner Fortescue has announced that it has officially opened its 40 million mt per year Kings Valley iron ore mine in its Solomon Hub in the Pilbara region, Western Australia, marking the completion of the $9.2 billion expansion ...
Tags: Iron Ore Mine, miner, Fortescue
According to a report released by the German Federal Statistical Office (Destatis), in February of the current year the import price of iron ore in Germany increased by 7.9 percent year on year and decreased by 1.5 percent month on month. ...
Tags: Iron Ore, steel, ferroalloys
On March 27, Anhui Province-based Chinese steelmaker Maanshan Iron & Steel Co. (Masteel) issued its financial results for 2013, announcing an operating revenue of RMB 73.85 billion ($12.07 billion), while it achieved a net profit of RMB 157 ...
Tags: steelmaker, Iron, Steel
A World Trade Organization panel ruled that China violated the organization's membership obligations by restricting exports of rare earths, tungsten and molybdenum, the WTO said Wednesday. The ruling is expected to increase the ...
Tags: Rare Earths, Export Restrictions, tungsten
The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
Canadian railways carried 25.3 million metric tons of freight in January, down 2.7 percent from the same month last year. The drop in shipments occurred despite the strong growth in traffic received from the United States. Non-intermodal ...
Tags: Iron Ore, Canadian Rail Tonnage
According to the latest data released by Statistics South Africa, in February this year the country's producer price index (PPI) for the basic iron and steel industry increased by 1.4 percent compared to January and was up 12.5 percent ...
Tags: Steelmakers, iron, steel industry
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Tuesday that the US imported a total of 3,250,000 net tons (nt) of steel in February, including 2,240,000 nt of finished steel (up 1.4 percent ...
Tags: Iron, Steel, finished steel
German plantmaker SMS Meer has announced that it will supply a semi-continuous billet mill for Formosa Ha Tinh Steel, the new integrated steel plant Taiwan-based Formosa Group is building in Ha Tinh Province, Vietnam. The produced billets ...
Tags: Formosa Ha, Billet Mill, plantmaker
In 2014, Australia's exports of metallurgical coal are expected to increase by an estimated 2.4 percent to 174 million metric tons, according to a report by the Australian Bureau of Resources and Energy Economics (BREE). Over the period ...
Tags: Iron Ore Exports, metallurgical coal, mines
Brazilian miner Vale has announced the arrival of the first Valemax, the world's largest iron ore carrier, at its Teluk Rubiah Maritime Terminal and iron ore distribution center, currently under commissioning in Malaysia. The vessel's ...
Tags: Vale, miner, iron ore carrier
Chinese steel company Hebei Iron and Steel Group has announced that it has signed a strategic cooperation agreement for 2014 with 49 major customers including China Minmetals, China Railway Construction Corporation, China Railway Materials. ...
Tags: Hebei Steel, Iron, Steel
As of March 25, inventory of iron ore at 25 major Chinese ports amounted to 105.86 million mt, indicating an increase of 0.17 million mt or 0.2 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore Inventory, Chinese Ports, Iron Ore
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