Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Prices for seaborne iron ore strengthened further Wednesday, tracking stronger restocking needs by buyers eager to procure raw materials when the market is recovering. Platts assessed the 62% Fe IODEX at $95/dry mt CFR North China, up ...
Tags: Iron Ore, steel square
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
China's Tianjin-based Bohai Commodity Exchange (BOCE) has stated that it has decided to launch an iron ore spot trading platform in early November this year and that it expects to establish a new pricing system of iron ore. The Bohai ...
Tags: Metallurgy, Mineral, Energy, Iron Ore, Iron
According to a recent announcement by China Beijing International Mining Exchange (CMBX), Dalian Commodity Exchange (DCE) and CBMX have signed a cooperation agreement to push forward the building and development of domestic platforms for ...
Tags: iron ore spot, Mineral
In the first half of this year, the Chinese iron ore spot trading platform China Beijing International Mining Exchange (CMBX) recorded the conclusion of 84 deals for a total of 7.5594 million mt of iron ore, exceeding the 7 million mt ...
On May 7, China Beijing International Mining Exchange (CBMX), China's only iron ore spot trading platform, and Singapore Exchange (SGX) announced the signing of a memorandum of understanding (MoU) aimed at boosting their cooperation in the ...
Tags: CBMX Inks
As of April 15, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 2.45 million mt or 3.36 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of April 15, the ...
Tags: Iron Ore Inventory, Mineral
As of April 8, inventory of iron ore at 25 major Chinese ports amounted to 72.98 million mt, indicating a very slight decrease of 230,000 mt or 0.01 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As ...
Tags: Iron Ore, Chinese Ports
German steel federation Wirtschaftsvereinigung Stahl (WV Stahl) president Hans Jürgen Kerkhoff has said at the 2013 Hannover Messe machinery and industry fair that the situation in the German steel industry remains fragile and marked ...
As of April 1, inventory of iron ore at 25 major Chinese ports amounted to 73.21 million mt, up 620,000 mt or 0.85 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of April 1, the Xinhua-China Iron Ore Price ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
According to the Quarterly Resources and Energy report released by the Australian Bureau of Resources and Energy Economics (BREE) on March 20, Australia's iron ore exports in 2013 are forecast to increase by 12 percent year on year to 554 ...
Tags: Iron Ore Export, Iron Ore, Iron, Ore
During last week (March 4-8), China's iron ore spot trading platform run by the China Beijing International Mining Exchange (CMBX) recorded 36 offers of a total of 2.745 million mt of iron ore, with the conclusion of eight deals totaling ...
Tags: iron ore spot, iron ore, iron ore market
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
China Iron and Steel Association (CISA) said at an internal meeting on January 5th 2013 that a priority regarding iron ore spot trading platform this year is to expand trade volumes, adding that members, especially large businesses, should ...