Australian-miner Fortescue Metals Group has announced that it has added 1.16 billion mt of mineral resources to its Greater Solomon iron ore mine, following a drilling program. Fortescue stated that total Greater Solomon mineral resources ...
Brazil's iron ore export volume amounted to 24.70 million mt in April this year, increasing by 0.49 percent compared to March and up 5.81 percent compared to the same month of 2013, according to the information released by the Brazilian ...
Tags: iron ore export, export volume
On May 20, the China Iron and Steel Association (CISA) announced that in April this year China's Ministry of Commerce issued import licenses for a total of 108.8685 million mt of iron ore, down 3.87 percent month on month, valued at $11.892 ...
Tags: Iron Ore, Iron Ore Import
India's Supreme Court has announced a partial mining ban affecting about half of the iron ore mines located in the Indian state of Odisha due to non-renewal of mining leases. The Supreme Court also said that several mines have been found to ...
Tags: Iron Ore, Iron Ore Mines
Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
In the January- April period of this year, Ukraine's production of iron ore rose by 0.4 percent year on year to 27.772 million mt, iron ore concentrate production went up by one percent year on year to 23.122 million mt, but the output of ...
Tags: Iron Ore, ore mining
International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...
Tags: Iron Ore Market, Iron Ore
According to the Ukrainian association of metal producers Metallurgprom, crude steel production in Ukraine will total 2.45 million mt in June this year, pig iron output will total 2.35 million mt, while Ukrainian production of rolled steel ...
Tags: Crude Steel, metal producers
According to the Lake Carriers’ Association, US-flag Great Lakes freighters (“lakers”) moved only 3.8 million tons of cargo in April, a decrease of nearly 50 percent compared to a year ago. Heavy ice, especially on Lake ...
Tags: Freight Shipments, Iron ore
Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...
Tags: Iron Ore, Steel Industry
Australian miner Rio Tinto has announced that its Pilbara iron ore operations have reached a run rate of 290 million mt per year, two months ahead of schedule. Rio Tinto said that early completion of expansion has added significant value ...
According to the preliminary data released by Statistics South Africa, in March this year the seasonally adjusted index of iron ore mining production in South Africa increased by seven percent, while the country's manganese ore production ...
Tags: Iron Ore, mining production