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
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
Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...
Tags: Iron Ore, Limited Fixtures
It is reported that the Taiwanese firm, Formosa Plastics Group has agreed to buy nearly a third of a new iron ore project in Australia. The FMG Iron Ore Bridge project in Western Australia is 88% owned by Fortescue and 12% by Baosteel. ...
Tags: Formosa Plastics, Iron Ore
Australian miner Fortescue Metals Group has announced that Taiwan-based Formosa Plastics Group has invested US$1.15 billion in the FMG Iron Bridge Joint Venture, established to develop the FMG Iron Bridge Project, which is 88 percent owned ...
In March of this year, Wools of New Zealand became a fully grower owned company for the first time in its history. More than 700 New Zealand sheep farmers have invested in and are committed to the growth and sustainability of Wools of New ...
Fincantieri to build a super luxury ship for regent Seven Seas Cruises Thursday, Jul 11, 2013 Fincantieri has received an order from Regent Seven Seas Cruises for the construction of a super luxury cruise ship. The new ship will be ...
Tags: ship, Transportation, Service, logistics
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Throughout Furniture Marketing Group's 2013 Symposium here, one theme was driven home time and again: The days of sitting back and watching the traffic rush into your store are gone. Retailers need to lift their game, becoming that ...
AAP reported that Fortescue Metals Group shares are heading towards a 6 month high after breaking through USD 5 amid global optimism and an increase in the iron ore price. The Pilbara focused iron ore miner closed 2.4% higher at USD ...
Tags: Fortescue Metals Group, shares, iron ore price, company news
The Australian Financial Review reported that Fortescue Metals Group Ltd chief executive officer Mr Nev Power has warned of more short term volatility and fluctuations in the price of iron ore, saying the current rally is unlikely to last ...
AAP reported that Fortescue Metals Group says it has loaded 8.5 million tonnes of iron ore and achieved an annualized 100 million tonne production run rate in the last month of 2012. The iron ore focused company said the December run rate ...
Tags: iron ore, FMG, Fortescuem, AAP
Iron ore producer BC Iron said that its USD 190 million deal with Fortescue Metals to boost output to 6 million tonnes will not be affected by any sale of Fortescue's infrastructure assets. Fortescue Metals Group said that it was in ...
Tags: iron ore, BC Iron, Fortescue Metals, infrastructure assets
The West Australian reported that Fortescue Metals Group is considering selling a small interest in its rail and port infrastructure. Mr Nev Power CEO of Fortescue Metals Group said that the company was in negotiations with potential ...
Tags: Fmg Closer, Construction, Rail, Port Infrastructure