India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in May this year it produced 4.94 million mt of iron ore, registering an increase of 0.8 percent compared to the same month of 2013. The company's ...
Tags: Metallurgy, Mineral, Miner
In April this year, Brazilian miner Vale's iron ore export volume totaled 21.95 million mt, increasing by 14.44 percent year on year, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). ...
Tags: Iron Ore Exports, Iron Ore
Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...
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
Brazil steel maker Companhia Siderurgica Nacional (CSN) plans to expand its presence in the domestic rebar market, local media reported on Tuesday. The company has just entered in the long products segment and is eyeing a 9 percent market ...
Tags: Rebar Market, steel maker
In May this year, iron ore shipments from Australia's Port Hedland increased by 3.54 percent compared to April and were up 29.23 percent year on year, totaling 36.05 million metric tons. According to the information released by Port ...
Tags: Iron Ore Exports, BHP Billiton
Australia's Atlas Iron in May made its first iron ore sale for delivery into India and is looking to add other Asian and European destinations, it said in a presentation Tuesday. China has been Atlas' traditional offtake market, with the ...
Tags: Iron Ore, Iron ore prices
The Indian government is considering urging Indian state-owned miner National Mineral Development Corporation (NMDC) to halt exports in response to demand from local steel mills facing a shortage of raw materials, a senior government ...
Tags: Iron Ore, iron ore miner
China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
Australian miner Cleveland Mining has announced that, together with its iron ore alliance partner Australia-based BC Iron, it is able to produce high grade iron ore concentrate from its Caetite project in the Brazilian state of Bahia after ...
Tags: Iron, High Grade Iron Ore
The government of the Indian state of Odisha has allowed operations to resume in eight iron ore mines in the state following its earlier decision to fast-track mining license renewals, according to media reports. The mines that will resume ...
Tags: Iron Ore, Tata Steel
According to the resources and energy major projects report issued by the Australian Bureau of Resources and Energy Economics (BREE), the value of committed investments stood at A$229 billion as of April this year, declining from its peak ...
Tags: Mining, raw materials
Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...
Steel demand in Latin America is expected to grow 3.5 percent this year, driven by infrastructure programs and new sectors such as energy and automotive. Rafael Rubio, general director of the Latin American Steel Association (Alacero) ...
Tags: Steel demand, Steel consumption
Australia-based Cabral Resources plans to obtain all the environmental permits it needs for its Sincora iron ore project in the state of Bahia, Brazil, by September this year, the company announced this week. “Cabral is currently ...
Tags: Iron Ore, Cabral Resources