Proactive Investors reported that UBS has taken a closer look at Ferrexpo and sees no reason to change its positive stance on the Swiss iron ore company. UBS analyst Mr Myles Allsop said that while Ferrexpo is set to increase pellet ...
Tags: UBS, Ferrexpo, iron ore, freight costs
The Australian reported that construction of a new rail line through Western Australia's resource rich Pilbara region could drive down iron ore prices and force out of business the very mines the network would unlock, an exhaustive analysis ...
Tags: Pilbara, iron ore, BHP Billiton
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
News Americas reported that the exuberant iron ore prices seen in recent years on the Chinese spot market are a thing of the past and do not exist anymore, Brazilian mining giant Mr Luciano Siani CFO of Vale's said during a panel at the ...
Tags: iron ore, Siani CFO, mining giant
Economic Times reported that a Supreme Court committee is likely to recommend drastic action against miners in Goa including severe curbs on production in a move expected to hit the state's finances and devastate the country's scandal ...
Tags: miners, iron ore, iron ore industry
It’s reported that China Steel Corp. (CSC), the largest steelmaker in Taiwan may follow the Chinese steel mills' step to raise its list price slightly for next January and February. It’s learned that the major steelmakers ...
The president of Hsin Kuang Steel, one of the major coil centers in Taiwan said that the Taiwanese steel prices would bottom out in the fourth quarter of this year and rise slight in the first quarter of 2013. It’s learned that ...
Tags: coil centers, Steel Prices, iron ore prices
The Australian reported that for Mr Clive Palmer, the bonanza flowing from his purchase of the Yabulu nickel refinery in 2009 has become part of business folklore, if not the deal's actual terms. The irrepressible businessman has always ...
Tags: Yabulu nickel refinery, nickel, nickel industry, nickel market
Kumba Iron Ore Limited("Kumba"or"the Company")today released its production and sales report for the quarter ended 30 September 2012.Throughout this report,production and sales volumes referred to are 100%,attributable to shareholders of ...
Tags: Kumba, production and sales report, Sishen
Record export sales and revenue in an increasingly challenging market Commenting on the results,Kumba Iron Ore Limited's("Kumba")CEO Chris Griffith said: "Kumba's solid focus on operations and strategy has delivered another strong set ...
Tags: Kumba, Iron Ore, mine produce, mining
Trading statement for the six months ended 30 june 2012 Kumba Iron Ore Limited is currently finalising its results for the six months ended 30 June 2012("the period"),which will be released on SENS on 20 July 2012.Headline earnings and ...
Tags: Trading Statement, Kumba Iron Ore, HEPS, EPS
BHP Billiton Ltd. (RIO), the world’s biggest mining company, said China’s steel production is slowing as the world’s fastest-growing major economy starts to shift to focus more on consumers than large building projects. ...
Tags: industry trends, mining
In terms of whole steel industry market in this year, on the one hand iron ore prices increase, the other hand is international and domestic economic slowdown, which leading to market demand reduce. In general, the overall steel industry is ...
China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. Eight Chinese steelmakers cut the price of their products on Wednesday for July ...
Tags: steel